Asked by Elle
A consumer with a fixed income buys two goods, X and Y. If her demand for both X and Y are unitary elastic, she must spend an equal amount on each good.
take a shot, what do you think, and why?
i think false, she doesn't have to spend equal amount??
I agree
take a shot, what do you think, and why?
i think false, she doesn't have to spend equal amount??
I agree
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