6.6 In general, uncompensated cross-price effects are not equal. That is, x; apapi Use the Slutsky equation
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6.6 In general, uncompensated cross-price effects are not equal. That is, x; apapi Use the Slutsky equation to show that these effects are equal if the individual spends a constant fraction of income on each good regardless of relative prices. (This is a generalization of Problem 6.1.)
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Microeconomic Theory Basic Principles And Extensions
ISBN: 9780324585377
10th Edition
Authors: Walter Nicholson, Christopher M. Snyder
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