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Hi, can you show me how to do the (d) and (e) part of this question, thanks. (2) Suppose that Frank's demand for good 1

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Hi, can you show me how to do the (d) and (e) part of this question, thanks.

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(2) Suppose that Frank's demand for good 1 is given by QD = 005m 4P1: Where m is his income and 191 is the price of good 1. Currently, he has $480 to spend the price of good 1 is $2. (a) How much of good 1 does Frank buy? (b) How much money does he spend on the other goods? (c) If the price of good 1 goes up to $4, then how much of good 1 does he buy? 7 @How much money does he need in order to consume his initial bundle with this new price of good 1'? 1 (e) ow much of the change in his demand for good 1 is due to the substitution effect

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