Describe the equilibrium condition of a consumer who consumes Kenkey and fish when faced with a given income and relative prices of the goods. Starting from equilibrium,how would the consumer respond to: i.Arise in the price of kenkey? ii.A fall in the price of fish?

/in /by

Describe the equilibrium condition of a consumer who consumes Kenkey
and fish when faced with a given income and relative prices of the
goods.

Starting from equilibrium,how would the consumer respond to:

i.Arise in the price of kenkey?

ii.A fall in the price of fish?

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