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Thanks!
The substitution effect that is solving here is hicksian substitution effect not the slutsky substitution effect
how will the income and substitution effect work for a good with an inelastic demand
Sir , please suggest some book for real analysis for economists
Real analysis with economic applications by Efe A. Ok is a good one
THANK YOU
U=9.16
U = 3[4^(1/3) x 8^(2/3)] = 19.05
Thanks!
The substitution effect that is solving here is hicksian substitution effect not the slutsky substitution effect
how will the income and substitution effect work for a good with an inelastic demand
Sir , please suggest some book for real analysis for economists
Real analysis with economic applications by Efe A. Ok is a good one
THANK YOU
U=9.16
U = 3[4^(1/3) x 8^(2/3)] = 19.05