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1.ceteris paribus, everytime the price of potatoes falls by R1/kg, the quantity of potatoes demanded increases by 10kg per day, from this we can infer
1.ceteris paribus, everytime the price of potatoes falls by R1/kg, the quantity of potatoes demanded increases by 10kg per day, from this we can infer that?
2.If diminishing marginal utility holds, and a person consumes less of a good?
3.If MUx/Px exceeds MUy/Py the consumer should?
4.The substitution effect for commodity?
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