{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-12T14:10:46-04:00", "answer_date": "2024-06-12 14:10:46", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2816722", "url": "\/study-help\/questions\/a-consumer-with-homothetic-preferences-faces-the-same-prices-in-2816722", "question_creation_date_js": "2024-06-12T14:10:46-04:00", "question_creation_date": "Jun 12, 2024 02:10 PM", "meta_title": "[Solved] A consumer with homothetic preferences fa | SolutionInn", "meta_description": "Answer of - A consumer with homothetic preferences faces the same prices in periods 0 and 1 but his income changes from y0 to y1. | SolutionInn", "meta_keywords": "consumer,homothetic,preferences,faces,prices,periods,1,income,y0,y1,equivalent,variation", "question_title_h1": "A consumer with homothetic preferences faces the same prices in periods 0 and 1 but his income changes from y0 to y1. His equivalent variation:", "question_title": "A consumer with homothetic preferences faces the same prices in periods 0", "question_title_for_js_snippet": "A consumer with homothetic preferences faces the same prices in periods 0 and 1 but his income changes from y0 to y1 His equivalent variation (a) will be zero (b) will differ from his Compensating variation (c) will still depend on prices (d) will be equal to the difference in incomes", "question_description": "

A consumer with homothetic preferences faces the same prices in periods 0 and 1 but his income changes from y0 to y1. His equivalent variation: (a) will be zero (b) will differ from his Compensating variation (c) will still depend on prices (d) will be equal to the difference in incomes<\/p>", "transcribed_text": "", "related_book": { "title": "Economics", "isbn": "978-0134797731, 134797736, 978-0134106243", "edition": "6th edition", "authors": "R. Glenn Hubbard", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1347.jpg", "uri": "\/textbooks\/economics-6th-edition-1347", "see_more_uri": "" }, "free_related_book": { "isbn": "0805390634", "uri": "\/textbooks\/feynmans-tips-on-physics-1st-edition-9780805390636", "name": "Feynmans Tips On Physics", "edition": "1st Edition" }, "question_posted": "2024-06-12 14:10:46", "see_more_questions_link": "\/study-help\/questions\/business-finance-2024-August-28", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-are-the-bond-angles-predicted-by-the-vsepr-model", "description": "What are the bond angles predicted by the VSEPR model about the carbon atom in the formate ion, HCO2? 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