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For Catherine, what is the equivalent variation in income for the same increase in the price of good 1 from p1 = 2 to p'

For Catherine, what is the equivalent variation in income for the same increase in the price of good 1 from p1 = 2 to p' = 4?

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Question 8 4 points Save Answer Catherine's preferences are representable by the utility function u = (91 - 10)-2(92 - 15)0.8, where 91 and 92 denote her consumption of goods 1 and 2. Catherine is endowed with 15 units of good 1 and 25 units of good 2. For Catherine, what is the equivalent variation in income for the same increase in the price of good 1 from p1 = 2 to P1 = 4? O ev = -10 O ev = 10 O ev = -0.94 O ev = 0.94 None of the above

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