question archive (b) Derive the optimal price set at time t, Qt,t

(b) Derive the optimal price set at time t, Qt,t

Subject:EconomicsPrice: Bought3

(b) Derive the optimal price set at time t, Qt,t. (c) Derive an expression for the aggregate price index, Pt. Show that it can be written in terms of Qt,t and Pt-1.

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