Question: Problem 1 Based on your reading from Chapter 4, (i) explain in two paragraphs with convincing arguments if it is a good idea or

Problem 1 Based on your reading from Chapter 4, (i) explain in

Problem 1 Based on your reading from Chapter 4, (i) explain in two paragraphs with convincing arguments if it is a good idea or not for a store manager to include inferior goods in the list of products sold by the store. (ii) explain in two paragraphs using your own words income and substitution effects.

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