Chapter Eight Slutsky Equation Slutsky 方程. Effects of a Price Change u What happens when a...

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Effects of a Price Change –Income effect （收入效应） : the consumer’s budget of $y can purchase more than before, as if the consumer’s income rose, with consequent income effects on quantities demanded.

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Serrano Slutsky matrix norms the size, classification, and ...

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Chapter 8Chapter 8 Slutsky Equation - Lancaster University...Chapter 8Chapter 8 Slutsky Equation Effects of a Price ChangeEffects of a Price Change What happens when a commodityWhat

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© 2010 W. W. Norton & Company, Inc. 8 Slutsky Equation.

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