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Business, 11.10.2019 05:20 tddreviews
Seppo consumes brandy and saunas. neither is an inferior good. seppo has a total of $30 a day and 6 hours a day to spend on brandy and saunas. each brandy costs $2 and takes half an hour to consume. each sauna costs $1 and takes 1 hour to consume. (it is, unfortunately, impossible to consume a brandy in the sauna.) seppo suddenly inherits a lot of money and now has $50 a day to spend on brandy and saunas. since seppo is a rational consumer, he will:
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Seppo consumes brandy and saunas. neither is an inferior good. seppo has a total of $30 a day and 6...
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