Re: Daily question

Posted by Aastha on Feb 20, 2009; 2:28pm
URL: http://discussion-forum.276.s1.nabble.com/Daily-question-tp2328964p2359154.html

Initial bundle is (x*,Y*)= (150,75)
 Stutshy Method; substitution effect=-37.5
                        Income Effect     = -37.5

Hicksian method; substitution effect=-43.93
                        income effect=-31.06