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Derivative of the demand

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Reference no: EM132265719

Goods x?1? and x?2? are ?gross complements,?

a. Only if u(x?1,? x?2)? = min{x?1,? x?2}?

b. If the derivative of the demand of x?1? with respect to p?2? is positive.

c. If the derivative of the demand of x?1? with respect to p2? ?is negative.

d. If the derivative of the demand of x?1? with respect to p?1? is positive. e. If the derivative of the demand of x?1? with respect to p1? ?is negative.

Reference no: EM132265719

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