Answer to Question #81466 in Microeconomics for Jaspreet kaur

Question

Consider a homeless guy desperate fir food? Can you think of threr ways of substitution that he may be willing to make? In each case please specify what he gives up and what he gets

Answer 1

The three substitutions that a homeless guy desperate for food can make include food for a home. he can also give up a home for food. Equally, the person may give up both food and a home in case he loses hope.