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Assume that an individual's income is yo where y is a numeraire good. In a carefully labelled diagram, depict the substitution effect and income effect

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Assume that an individual's income is yo where y is a numeraire good. In a carefully labelled diagram, depict the substitution effect and income effect for good x where Px = yo/2xo initially and the individual's initial utility is I1 and Px then increases to yo/Xo, causing the individual's subsequent utility to fall to lo. Assume that good x is an inferior non- Giffen good

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