Economy, asked by pramilaparihar123, 1 month ago

does increase or decrease in income of the consumer have the same effect on every type of commodity?

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Answered by kartikv0022

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Answer:

Theory Of Consumer Behaviour

Theory Of Consumer BehaviourDoes increase or decrease in income of the consumer has same effect on every type of commodity? Solution not provided. ... Because a consumer can buy extra unit of one good (say good x) by sacrificing some units of other good (say good y) within the given income.

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