Unformatted text preview: her back on the original indifference curve, she would consume this combination of A and B: , 1.5 Q A = . 9 Q B = a. Determine the change in consumption rate of good B due to (1) the substitution effect and (2) the income effect. b. Determine if product B is a normal, inferior, or Giffen good. Explain....
View Full Document
- Fall '09
- Madame X, original indifference curve, Madame X.