Question

2. Your income is $100 and you consume only two goods-good A and good B. One day,
the price of good A goes up, the price of good B goes down, and you are just as happy
as you were before the price changes.
a) Illustrate this situation on a graph with brief explanation.
b) How does your consumption of the two goods change? How does your response
depend on income and substitution effects?
c) Can you afford the bundle of good A and good B you consumed before the price
changes? Give reason.
(7.5 marks)

Answer 1

Answer:

$\rule{350} {2}\\\\ \huge \boxed{\mathfrak {Hey\:there,Spam\:God\:here}}\\\\\rule{350}{2} \\\\ \huge \boxed{\mathtt{You\: are\:TROLLED\: my \:friend...}}\\\\\rule{350}{2}$

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Answer 2

Answer:

sorry I don't understand this

sorry