Cobb-Douglas Utility: Demand Function is Homogenous to Degree Zero

[@mahnoor_akif]

Thank you so much for this. This will surely help me in the quiz tomorrow.

[@chitwansinha]

Hey! Could you please explain why a demand function Homogenous to Degree Zero in income and prices have sum of own price elasticity and cross price elasticity equal to income elasticity of demand with a negative sign?

[@vandananautiyal7848]

Valuable lecture sir🙂 can you please tell me which book are you referring for this particular topic