A consumer's preferences are given by the following symmetric Cobb-Douglas utility function: Hie. s) = w Assumeinitially P3; = II P}; = 4,andl = 32 if.) What is the income effect {fore}? Income effect = 3.904 )( 's'ou are incorrect [Should the answer he a decimal, please ensure to provide an answer with three decimal places and include a minus sign {-1 if necessa or}