Question: A consumer is known to consume the bundle (A, B, 12, 8) when the price vector is (2, 2, 1, C). Suppose the price of

A consumer is known to consume the bundle (A, B, 12, 8) when the price vector is (2, 2, 1, C). Suppose the price of the fourth commodity increases by one to C + 1. What income compensation would we need to provide to the consumer under Slutsky compensation? Assume. A=4 B=3 C=3

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