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can someone help me with this problem? A consumer with income m consumes x 1 and x 2 . Basically, the price on x 1

can someone help me with this problem?

A consumer with income m consumes x₁ and x₂. Basically, the price on x₁

Is the same p₁⁰and the consumer adapts in point a (see attached figure). Then the price of x₁ changestop₁¹and the consumer must adapt again in point b. Explain what the figure shows and describethe effects of the price change on consumer adjustment.

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