This paper provides an overview of Czech food import demand in the transition period of the 90's. It also provides econometrical estimates of own- and cross-price elasticities and group expenditure elasticities of Czech import demand for a number of foods. Based on the Hausman test for...

Diminishing marginal utility is neither necessary nor sufficient for downward sloping demand. Yet upper-division undergraduate and beginning graduate students often presume otherwise. This paper provides two simple counter examples that can be used to help students understand that the Law of...