Re: Daily question

Posted by ankita on Feb 17, 2009; 12:03pm
URL: http://discussion-forum.276.s1.nabble.com/Daily-question-tp2328964p2340414.html

1) since the mu for both goods is positive ic curves are downward sloping.

2) slutsky: te:75, ie=se=37.5

hicks, te:75, se=43.93, ie=remaining