Re: GE ques

Posted by duck on Mar 13, 2011; 11:20am
URL: http://discussion-forum.276.s1.nabble.com/GE-ques-tp6035151p6166069.html

Hello shweta.. :)

Q1> if a =1/2 , px=py
      if a>1/2 , px/py= 2
      if a<1/2, px/py=1/2

Q2> as Kiran said.

Q3> the price ratio , px/py= 1/14

(hint: find the demand for both the individuals and
just see at what price ratio, demand by both of them = total endownment)


:)