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An Engel curve is a demand curve with the vertical and horizontal axes reverseD.。
An Engel curve is a demand curve with the vertical and horizontal axes reverseD.。
A.正确
B.错误
正确答案：错误
标签：
中级微观经济学
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If two goods are substitutes， then an increase in the price of one of them will increase the demand for the other.。
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Mike consumes two commodities， x and y； and his utility function is min{x +2y，y+2x}.He chooses to buy 8 units of good x and 16 units of good y.The price of good y is 0.50.What is his income？