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Homogeneity of the Demand Function Is Shown By:
A) ex,px+ex,py+eχ,1=0e _ { x , p _ { x } } + e _ { x , p _ { y } } + e _ { \chi , 1 } = 0

Question 10

Multiple Choice

Homogeneity of the demand function is shown by:


A) ex,px+ex,py+eχ,1=0e _ { x , p _ { x } } + e _ { x , p _ { y } } + e _ { \chi , 1 } = 0 .
B) ex,px+eχ,py+eχ,l=1e _ { x , p _ { x } } + e _ { \chi , p _ { y } } + e _ { \chi , l } = 1 .
C) sxex,pλ+syex,py=ex,Is _ { x } e _ { x , p _ { \lambda } } + s _ { y } e _ { x , p _ { y } } = - e _ { x , I } .
D) sxex,I+syey,I=ls _ { x } e _ { x , I } + s _ { y } e _ { y , I } = l .

Correct Answer:

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