Ms. Zamai spends his entire income on pizzas and siomai. She always buys positive quantities of both supposed that the cross price elasticity of demand for pizzas with respect to the price of siomai is negative. If siomai's are an ordinary good, when the price of siomai increases, What is the effect on Ms. Zamai expenditures of siomai and pizzas? Explain your answer

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Elastic And Its Application
Section: Chapter Questions
Problem 7PA: Suppose that your demand schedule for pizza is as follows: a. Use the midpoint method to calculate...
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Ms. Zamai spends his entire income on pizzas and siomai. She always buys positive quantities of both supposed that the cross price elasticity of demand for pizzas with respect to the price of siomai is negative. If siomai's are an ordinary good, when the price of siomai increases, What is the effect on Ms. Zamai expenditures of siomai and pizzas? Explain your answer
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