Question: can you please help Question 3: 3.1. Lucy views Bayer aspirin and Tylenol as perfect substitutes. Initially the aspirin is cheaper. However, a price increase

can you please help

can you please help Question 3: 3.1. Lucy views Bayer aspirin and

Question 3: 3.1. Lucy views Bayer aspirin and Tylenol as perfect substitutes. Initially the aspirin is cheaper. However, a price increase makes aspirin more expensive than Tylenol. Show the substitution, income, and total effect of this price change in a diagram. 3.2. Remy views ice cream and fudge sauce as perfect complements. Is it possible that either of these goods or both of them are Giffen goods? (Why?)

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