Question: sol the questio (5) Assuming both goods are normal, complete the following table to decompose the effect of the price change in (3), i.e., if
sol the questio

(5) Assuming both goods are normal, complete the following table to decompose the effect of the price change in (3), i.e., if the effect is to decrease consumption of a good put "!". if the effect is to increase consumption of a good put "|" and if the effect is uncertain put "?". V Substitution Effect () (ii) Income Effect (iii) (iv) Total Effect (v) (vi) (6) Suppose that consumption of good z increased with a price decrease in good y. Are these two goods complements or substitutes
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