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Discuss any two of the following landmarks of the ancient world, explaining why each holds the status of a landmark: The
Engel Curve
A graph showing the relationship between the income of a consumer and the amount of a good that the consumer buys, illustrating how spending on a good varies with income.
Left and Right Shoes
Items that are perfect complements in consumption, where the use of one without the other is generally considered incomplete or unsatisfactory.
Price of X
The price of X refers to the cost to buyers of acquiring a unit of good or service X in the market.
Price of Y
the cost associated with acquiring or purchasing a specific good or service, denoted symbolically as "Y".
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