Eggplant and Broccoli are perfect substitutes for Josh, same marginal utility from a single eggplant and a single broccoli. Eggplants are $7 and Broccoli is $6, Josh has $66 income With Eggplant on the x axis and broccoli on the Y axis Draw the ICC, What is the shape of the income consumption curve?
Eggplant and Broccoli are perfect substitutes for Josh, same marginal utility from a single eggplant and a single broccoli. Eggplants are $7 and Broccoli is $6, Josh has $66 income With Eggplant on the x axis and broccoli on the Y axis Draw the ICC, What is the shape of the income consumption curve?
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 19SQ
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Eggplant and Broccoli are perfect substitutes for Josh, same
Eggplants are $7 and Broccoli is $6, Josh has $66 income
With Eggplant on the x axis and broccoli on the Y axis
Draw the ICC, What is the shape of the income consumption curve?
Draw the
for when Q(Eggplant) is less than or equal to 11 what shape is the curve,
for when Q(Eggplant) is greater than or equal to 11 what shape is the curve
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