Question: 2. A consumer's expenditure function is given by e(p,u)=(p12+p22)21u (a) Find the Slutsky matrix. (b) Find the substitution effect, the income effect, and total effect,

2. A consumer's expenditure function is given by e(p,u)=(p12+p22)21u (a) Find

2. A consumer's expenditure function is given by e(p,u)=(p12+p22)21u (a) Find the Slutsky matrix. (b) Find the substitution effect, the income effect, and total effect, on good 1 arising from the change in the price of good 2. 2. A consumer's expenditure function is given by e(p,u)=(p12+p22)21u (a) Find the Slutsky matrix. (b) Find the substitution effect, the income effect, and total effect, on good 1 arising from the change in the price of good 2

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