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Question 3 {1|} marks] Explain the Slusth,r equation and discuss how it can he used to determine the effect of a change in income of

Question 3 {1|} marks] Explain the Slusth,r equation and discuss how it can he used to determine the effect of a change in income of good {X}, if x is an inferior good. Using graphical analysis of consumption of (x, 3:}, shotsr the effect of an increase in the price 3: on the demand for both goods. What does this indicate about the crossptice elasticity between a and 3

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