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There are two goods x and y. Conspicuous Connie will buy only the more expensive good - to show how rich she is. (If x

  1. There are two goods x and y. Conspicuous Connie will buy only the more expensive good - to show how rich she is. (If x and y have the same price, she will spend 50% of his income on each good). (8)
  2. Find Conspicuous Connie's demand function for good x.
  3. Draw Conspicuous Connie's demand curve for good x (for a given price of y, py, and income, M).

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