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pip consumes two goods x and y and its utility function is 50lnx + y let p denote the relative price of x (i.e. set

pip consumes two goods x and y and its utility function is

50lnx + y

let p denote the relative price of x (i.e. set price of y to 1).pip has an income 100.

suppose p increase from 5 to 25 . By how much does pips consumption of y changes because of this rise in p?

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