Register

Suppose u=min(x,y) and the price of x is 1, the price of y is 1 and income is $12. if the price of x increases to 2, the substitution effect is

Suppose u=min(x,y) and the price of x is 1, the price of y is 1 and income is $12. if the price of x increases to 2, the substitution effect is
1.1k views
3 votes
Suppose u=min(x,y) and the price of x is 1, the price of y is 1 and income is $12. if the price of x increases to 2, the substitution effect is

User Nakeema
by
8.7k points

1 Answer

2 votes
it's the third option
User Kat
by
8.2k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!