C the income e ect encourages the consumer to

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Unformatted text preview: good. (c) the income e ect encourages the consumer to purchase more of the good, and the substitution e ect encourages the consumer to purchase less of the good. (d) the income e ect encourages the consumer to purchase less of the good, and the substitution e ect encourages the consumer to purchase more of the good. ( %): , , . ( %) , X , Y . ( %) (a) ( %) , ,Y X (Px ) , , M, M > , , , ; , (b) ( %) , . ( %) , , , (X) (Y) , U = X+ Y , (a) ( %) (b) ( %) , (c) ( %) , (d) ( %) , ? ? ? , ,...
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This document was uploaded on 03/21/2014.

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