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What Do We do in This Chapter? We conduct comparative statics analysis of ordinary demand functions the study of how ordinary demands x,*(p, p2y)and 2(p1,p2,y) change as prices p,, p and income y change Theoretically, nothing newWhat Do We Do in This Chapter? We conduct comparative statics analysis of ordinary demand functions -- the study of how ordinary demands x1 *(p1 ,p2 ,y) and x2 *(p1 ,p2 ,y) change as prices p1 , p2 and income y change. Theoretically, nothing new
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