Consider the Slutsky equation with endowments. 1. Suppose that hi(p, u)/p j = 2. The person's endowment of good j is 10 units, and the current consumption is 4 units. Finally, suppose that an increase in the price of good j by one (small) unit increases demand for good i by one (small) unit. Determine xi(p, I)/I. 2. Suppose that the person's demand for a good k equals the person's endow- ment. Suppose that xk(p, pe)/pk = 2. What does this imply about the change of Hicksean demand for good k when the pk changes? 3. Suppose that a good is inferior and that the person is a net-seller of the good. Does demand for the good increase or decrease when the price is increased