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Hey everyone can someone help me there please ! Thanks in advance 1. Your income is $200 and the price of Y is $20 and

Hey everyone can someone help me there please ! Thanks in advance

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1. Your income is $200 and the price of Y is $20 and price of X is $40. Carefully illustrate the substitution and income effects for both good Y and good X when the price of X decreases to $20. 14 13 12 11 10 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 X Draw the demand curve for good X showing 2 points (with numbers). P Qty ofX Is X a normal or inferior good? Explain Is Y a normal or inferior good? Explain Are Y and X substitutes or complements? Explain

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