Talk:Substitute good/Archives/2012

Latest comment: 13 years ago by Mitch4445 in topic Substitute good graph


Merge

I don't really edit economics articles, but has anyone considered merging this and complement good into substitute and complement goods? They are a closely intertwined topic, and one will usually study the two together. Richard001 09:20, 13 September 2007 (UTC)

Confusion

(1) The discussion of Different Types refers to the partial of X with respect to PsubY, but does not define what X stands for or what PsubY stands for. This may be obvious to those who already understand the subject but it is completely unclear to me. (2) I have no problems understanding math notation, but I suspect that whatever a perfect and a gross substitute are, they can easily be explained in language. Richard.Knox (talk) —Preceding undated comment was added at 22:51, 7 January 2009 (UTC). Continuation - perhaps the meaning of the statement that the partial of X with respect to PsubY > 0 is "Given a pair of goods, if an increase in the price of the first causes an increase in the demand for the second, then the second is considered to be a gross substitute of the first." An advantage in expressing the idea this way (if I have correctly guessed the meanings of the symbols) is that it is accessible to everyone, not merely those who took freshman calculus. Richard.Knox (talk) —Preceding undated comment was added at 02:49, 8 January 2009 (UTC).

Substitute good graph

I added a graph to the entry but it is kidn of small and I cannot exactly figure out to resize it in the article. Sorry I am fairly new to editing wikipedia. — Preceding unsigned comment added by Mitch4445 (talkcontribs) 18:34, 31 March 2011 (UTC)