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Ricardo's utility depends on his consumption of good q, and good q2, where the price of good q, is initially $10 and the price of

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Ricardo's utility depends on his consumption of good q, and good q2, where the price of good q, is initially $10 and the price of good q2 is $20. prices, his compensated demand for good q1 is 0.4 P2 91 = 54.562 P 1 The price of good q1 increases from $10 to $45. At the new price, Ricardo's compensated demand for good q, is 0.4 P2 91 = 22.128 P1 What is Ricardo's compensating variation? Ricardo's compensating variation (CV) is CV =. (Enter a numeric response using a real number rounded to two decimal places.) What is Ricardo's equivalent variation? Ricardo's equivalent variation (EV) is EV =

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