Author Question: When John's income was low, he could not afford to dine out and would respond to a pay raise by ... (Read 120 times)

hbsimmons88 · **on:** Jun 18, 2019

When John's income was low, he could not afford to dine out and would respond to a pay raise by purchasing more frozen dinners. Now that his income is high, a pay raise causes him to dine out more often and buy fewer frozen dinners. Which graph in the above figure best represents John's Engel curve for frozen dinners?
◦ Graph A
◦ Graph B
◦ Graph C
◦ Graph D

joshbk44 · **Reply #1 on:** Jun 18, 2019

Graph A

olgavictoria · **Reply #2 on:** Jun 18, 2019

When John's income was low, he could not afford to dine out and would respond to a pay raise by purchasing more frozen dinners. Now that his income is high, a pay raise causes him to dine out more often and buy fewer frozen dinners. Which graph in the above figure best represents John's Engel curve for dining out?
◦ Graph A
◦ Graph B
◦ Graph C
◦ Graph D

sarahccccc · **Reply #3 on:** Jun 18, 2019

Graph B

olgavictoria · **Reply #4 on:** Jun 18, 2019

TY

sarahccccc · **Reply #5 on:** Jun 18, 2019

You're welcome

Author Question: When John's income was low, he could not afford to dine out and would respond to a pay raise by ... (Read 120 times)

hbsimmons88

When John's income was low, he could not afford to dine out and would respond to a pay raise by ...

joshbk44

When John's income was low, he could not afford to dine out and would respond to a pay raise by ...

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olgavictoria

When John's income was low, he could not afford to dine out and would respond to a pay raise by ...

sarahccccc

When John's income was low, he could not afford to dine out and would respond to a pay raise by ...

olgavictoria

When John's income was low, he could not afford to dine out and would respond to a pay raise by ...

sarahccccc

When John's income was low, he could not afford to dine out and would respond to a pay raise by ...