9) In a world of two goods X and Y with prices Px and PY, we can derive the Engel curve for good X for
9) In a world of two goods X and Y with prices Px and PY, we can derive the Engel curve for good X for a typical consumer with some preferences and income I, if we observe his/her after we vary a) equilibrium quantity for good X/the price of good X, Px. b) equilibrium quantity for good Y/the price of good Y, PY. c) preferences/income d) equilibrium quantity for good X/income
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