When we use a composite good convention, what do we mean by a composite good and how do we measure..


When we use a composite cheerful assemblage, what do we average by a composite cheerful and how do we mete it? What is the expand of budget thread in this predicament? Show the equilibrium of the consumer in a diagram if his proceeds is Rs 300, expense of X is Rs 15 and he buys 8 units of X. Derive call-for flexion from expense decay flexion for a usual cheerful.