Re: jnu 2017 answers sss, let's discuss

Posted by Rayee on Dec 09, 2017; 8:26am
URL: http://discussion-forum.276.s1.nabble.com/jnu-2017-answers-sss-let-s-discuss-tp7608176p7608427.html

about 40 what i meant is that suppose initially budget line(BL) is flatter than IC, suppose after price change it becomes more flat, then there will arise SE in commodity 1. try graphically, hope that will clarify. besides (a) is always true, no matter what. see varian ch 8.