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10. Through some fancy Lagrangian techniques, you found an individual's demand function for Good 2 is 3 X1 = - pap . How many of
10. Through some fancy Lagrangian techniques, you found an individual's demand function for Good 2 is 3 X1 = - pap . How many of the following statements are true? The goods are always complements For some prices (and therefore quantities), the individual views the goods as complements. For some prices (and therefore quantities), the individual views the goods as substitutes. Good 2 satisfies the Law of Demand . The own-price elasticity of Good 2 does not depend on the price of Good 2. A. 1 B. W N C. D. None of the above statements are true
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