a consumer spends all her income on goods x and y if a 50% interest good x does not change the amount consumed of good y what is the elasticity of demand for good x
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Expert's answer
2014-11-25T10:02:36-0500
If consumer spends all her income on goods x and y if a 50% interest good x does not change the amount consumed of good y, the elasticity of demand for good x is Ed = 0/50% = 0, so these goods are goods that are independent.
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