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The Slutsky matrix contains the derivatives of the compensated demand functions. More specically, entry i; j is: 5. The Slutsky matrix contains the derivatives of

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The Slutsky matrix contains the derivatives of the compensated demand functions. More specically, entry i; j is:

image text in transcribed
5. The Slutsky matrix contains the derivatives of the compensated demand functions. More specifically, entry i, j is: or, (p, u) (1) Sij = Op; Use Shepard's lemma to show that the Slutsky matrix is symmetric

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