ption 2 (red curve and red line): maximization of U(X,Y) with optimal consumption X^*F, Y^*F subject to uncompensated income M=P_X, new X+P_Y, new Y, where P_X, new and P_Y, new are the changed prices.
Contributed by: Carlos Angulo
The author - ption 2 (red curve and red line): maximization of U(X,Y) with optimal consumption X^*F, Y^*F subject to uncompensated income M=P_X, new X+P_Y, new Y, where P_X, new and P_Y, new are the changed prices.
Contributed by: Carlos Angulo - is not found.
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