Question: Question is here 5. Assume that lap 0 and 5. Assume that and -a-I in Slutsky Equation which is d.XM dPx a. b. dXH dPx

5. Assume that and -a-I in Slutsky Equation which is d.XM dPx

Question is here

a. b. dXH dPx Define the type of good X. (S pts)

5. Assume that lap 0 and

5. Assume that and -a-I in Slutsky Equation which is d.XM dPx a. b. dXH dPx Define the type of good X. (S pts) According to the result you found in option above, i, show the income effect, substitution effect and total effect in terms of Hicksian decomposition, for good X, in a graph. (15 pts)

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