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Other Fields Homework Help Economics Topic started by: MrGrimey on Nov 12, 2017



Title: To separate the income and substitute effects, the imaginary budget line should be
Post by: MrGrimey on Nov 12, 2017
To separate the income and substitute effects, the imaginary budget line should be
A) tangent to the new indifference curve and parallel to the new budget line.
B) tangent to the new indifference curve and parallel to the old budget line.
C) tangent to the old indifference curve and parallel to the new budget line.
D) tangent to the old indifference curve and parallel to the old budget line.


Title: Re: To separate the income and substitute effects, the imaginary budget line should be
Post by: unExpected on Nov 12, 2017
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