You have observed a consumer who purchases only goods and and have concluded that the consumer's tastes are quasilinear in .Whether the consumer purchases more or less of when the price of falls then depends on the size of the substitution effect.

Question

You have observed a consumer who purchases only goods  and  and have concluded that the consumer's tastes are quasilinear in  .Whether the consumer purchases more or less of  when the price of  falls then depends on the size of the substitution effect.

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The Answer of You have observed a consumer who purchases only goods  and  and have concluded that the consumer's tastes are quasilinear in  .Whether the consumer purchases more or less of  when the price of  falls then depends on the size of the substitution effect.

You Have Observed a Consumer Who Purchases Only Goods