楼主: VERANDALIN
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[经济学基础] true or false? [推广有奖]

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VERANDALIN 发表于 2011-10-29 20:09:56 |AI写论文

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During a war, food and clothing are rationed. In addition to a money price, a certain number of ration points must be paid to obtain a good. Each consumer has an allocation of ration points which may be used to purchase either good and also has a fixed money income. Suppose the money income of a consumer is raised and he buys more food and less clothing, it follows that clothing is an inferior good.

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关键词:LSE Rue TRU ALLOCATION Clothing

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Tim.Yang 发表于 2011-10-30 00:29:39
I suppose it is false,because,during the war,although the food is important , only according  this case is not enough to say the clothing being an inferior good.Maybe the utility of clothing is less than food.

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edmcheng 发表于 2011-10-30 09:44:11
As clothing and food are not substitutes of each other that we cannot identify food as inferior good in this case.

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