Starting from the position of consumer equilibrium show the substitution effect and income effect of


Starting from the aspect of consumer equilibrium appearance the adherence chattels and pay chattels of a value abatement for a giffen amiable-natured-natured and regular amiable-natured. Explain the chattelss of assistance succor vs . mass sum succor on the happiness of the recipients. Why allure Govt. promote assistance succor to mass sum succor?