Suppose pens and pencils are substitutes

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Suppose pens(N) and pencils(L) are substitutes such that U(N, L) = N + 2 ∗ L. Draw an ordinary demand curve for pens when the price of pencils is taken exogenously to be pl

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Suppose pens and pencils are substitutes : Suppose pens(N) and pencils(L) are substitutes such that U(N, L) = N + 2 ∗ L. Draw an ordinary demand curve for pens when the price of pencils is taken exogenously to be pl

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