Question: This question examines the difference between the Slutsky and Hicks versions of the substitution effect. 1 st attempt Part 1 ( 1 point ) In

This question examines the difference between the Slutsky and Hicks versions of the substitution effect.
1st attempt
Part 1(1point)
In the Slutsky version of the substitution effect, the consumer's
is held constant while relative prices are changed.
Part 2(1point)
In the Hicks version of the substitution effect, the consumer's
is held constant while relative prices are changed.
Part 3(1point)
Which version of the demand curve is also called a compensated demand curve?

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