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At a Very Basic Level,food and Shelter Constitute the Two

question 164

Essay

At a very basic level,food and shelter constitute the two most important goods needed to sustain human life.Accordingly,assume that a poor person must allocate his income solely between food and shelter.
a.Show that if shelter is an inferior good,food must be a normal good.
b.If food is a normal good,is shelter necessarily an inferior good?
Explain,and show your answer graphically.


Definitions:

Senseless, Immobility

An inability to move or respond, often resulting from shock or extreme confusion.

Flat Affect

A severe reduction in emotional expressiveness, where a person displays minimal facial expressions and vocal tone.

Paranoid Delusions

Unfounded beliefs held with strong conviction despite superior evidence to the contrary, often involving themes of persecution or conspiracy.

Word Salad

A confused or unintelligible mixture of seemingly random words and phrases, typically used to describe a symptom of neurological or psychiatric disorders.

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