Adarsh consumes two commodities X and Y. Prices of the goods are Rs 4 and Rs 5 respectively. Adarsh‟s income is Rs 20.
a. Write the budget equation for him using the above information
b. How many units of good Y can be consumed if Adarsh spends
his entire income on that good?

Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.