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you are given the following demand functions for good x and good y: 2 x Py X Y 9x 2 x Px- Y 9y =
you are given the following demand functions for good x and good y: 2 x Py X Y 9x 2 x Px- Y 9y = Based on this information we can conclude, both good x and good y are normal goods. good x is a normal good, but good y is an inferior good. both good x and good y are inferior goods. good y is a normal good, but good x is an inferior good
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