The income of consumer has got increased and the consumer's demand for good X has also increased.  What type of good is good X?

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A:

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Q: #16. Joanna is deciding between consuming Good X and Good Y. At her current level of consumption,…

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Q: what is the principle of utility

A: Utility refers to the satisfaction received by a consumer from consuming a particular commodity.

Q: Suppose a consumer has a utility function given by U(X,Y) = MIN(X, 2Y). The consumer has $90 to…

A: U=MIN(X, 2Y)M=$90Py=1