Question: I have provided the question below : In a world of 'rational consumers and only two goods X and Y. (a) Can both X and
I have provided the question below :

In a world of 'rational consumers and only two goods X and Y. (a) Can both X and Y be Normal" Goods?; (b) Can both X and Y be "Inferior' Goods? Show a graph of each scenario and explain your position on (a) and (b)
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