Hicksian Demand ·
Compensated h(p, u)
un
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.com · min p·x s.t. u(x) ≥ u · pure substitution
Px
$4
Stage
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Beat
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Indifference curve (fixed u)
Budget line (slope = -Px/Py)
Hicksian tangency h(p, u)
Substitution slide
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.com · Hicksian Demand