Member since October 29, 2017

mary1998

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mary1998
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Economics, Microeconomics, Business, Substitution Effect, College, Income Effect, Perfect Complements, Econ, Indifference Curves, Slope
My Recent Posts
 
Mon 30 Oct, 2017 08:17 am - Ron has 75 hours a week which he can allocate between work (L) or leisure (R). Suppose that if he ... (view)
Mon 30 Oct, 2017 05:23 am - A consumer is eating 6 apples and 4 oranges per week. She would be indifferent between this bundle and a bundle with 4 apples and 5 oranges. The indifference curve is drawn with the number of... (view)
Sun 29 Oct, 2017 02:45 pm - I just don't get this particular case, I know the basics. (view)
Sun 29 Oct, 2017 02:30 pm - I was looking for a more technical answer but thanks for trying. So what about the substitution effect? (view)
Sun 29 Oct, 2017 02:14 pm - Delia Jones is in the habit of drinking glasses of wine while watching TV cookery programs that are provided on a “pay per view” basis. She drinks 2 glasses of wine during each... (view)
 
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