Google Answers: Decomposing price effect into income and substitution effects

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Q: Decomposing price effect into income and substitution effects ( No Answer, 0 Comments )

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Subject: Decomposing price effect into income and substitution effects
Category: Business and Money > Economics
Asked by: chekngan-ga
List Price: $50.00

Posted: 24 Apr 2006 21:31 PDT
Expires: 27 Apr 2006 03:44 PDT
Question ID: 722497

Why do we decompose the price effect into income and substitution
effects? Provide references and use the comparative static properties
of consumer choice to show this decomposition.

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