(Slutsky) Suppose original prices and income are p1 = 1; p2 = 2; I = 30. Then there is a price shock and price for good 1 increases to p1 = 3….
(Slutsky) Suppose original prices and income are p1 = 1; p2 = 2; I = 30. Then there is a price shock and price for good 1 increases to p1 = 3….