Question: suppose ann has a utility function U=X^(0.1) Y^(0.9). She has an income of 100 and Px=1 and Py=1. Calculate the compensating variation, equivalent variation and
suppose ann has a utility function U=X^(0.1) Y^(0.9). She has an income of 100 and Px=1 and Py=1. Calculate the compensating variation, equivalent variation and consumer surplus change when the price of X increases to 2
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