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Income and Substitution Effects. Consider the following optimization problem: Maximize u(x,y) = /xy Subject to p,x + p,y =1 1. The expression for the uncompensated

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Income and Substitution Effects. Consider the following optimization problem: Maximize u(x,y) = \\/xy Subject to p,x + p,y =1 1. The expression for the uncompensated (Marshallian) demand function for good x is 2. The expression for the uncompensated (Marshallian) demand function for good y is 3. The expression for the compensated (Hicksian) demand function for good x is 4. The expression for the compensated (Hicksian) demand function for good yis

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