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Economic A consumer has the utility function U(q1,q2) = q1^0.6 + q2 Assume p2 = 1 and Y = 100. What is the equivalent variation

Economic

A consumer has the utility function U(q1,q2) = q1^0.6 + q2 Assume p2 = 1 and Y = 100. What is the equivalent variation of a price increase for good 1 from 1 to 4?

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