Question: Given the utility function u=x1^1/3x2^2/3, in which the income is 18 and the initial prices are p=(1,3) then the price of x1 increased becoming p*=(2,

Given the utility function u=x1^1/3x2^2/3, in which the income is 18 and the initial prices are p=(1,3) then the price of x1 increased becoming p*=(2, 3). What are:

1) The compensating variation?

2) The equivalent variation?

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