Let U[z, y) ='f. Let I = 525:]. Pat = $12.5 and F1r = $25 he the initial set ol prices and income. Now, let P, rise to $513. What is the substitution eect ofthis change in price on good K? O A. 3.5 O B. .5 Q 6.35 C) [1.1.5 Reset Selection Question 32 of 38 3.0 Foinls Let U[z, y) =1/' Let I = 5250. Pat = $12.5 and F, = $25 he the initial set of prices and income. Now. let P,' rise to $50. What is the income eect of this change in price on good at? Q A. 2.5 O s. 5 C) 6.4 C) no Reset Selection Question 33 of 38 3.0 Foinls Let U[:, y) ='f. Let I = 5250. F'K = $12.5 and F}. = $25 he the initial set of prices and income. Now, let P,' rise to $50. What is the compensating variation ofthis change in price of good x? C) A151} 0 13.1?5 0 0.125 C) o. 25:] Reset Selection Question 34 of 36 3.0 Points Let U{:, y) ='/:y. Let I = 5250. PK = $12.5 and F1r = $25 he the initial set of prices and income. Now, let P, rise to $50. What is the equivalent variation 01 this change in price ofgood x? 0 A125 O 3.251} O 0.175 Q 0.15:]