assume that jane spends her entire income of 100, Econometrics

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assume that jane spends her entire income of 100

Assume that Jane spends her entire income of $100 on two goods, x and y. Moreover, these goods are perfect complements for her. Let the price of good x go up while the price of y and Jane's income remain unchanged. Can you say for sure if she will buy more or less of good y as a result of the change? Explain and illustrate graphically.

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Econometrics: assume that jane spends her entire income of 100

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