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Income & substitution effects of price change diagram

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2. (a) On the diagram below indicate the income and substitution effects of a price change from $1 to $2 per unit for a person that has an income of $80 . ncome ffect c abstith ffect (D) is a gover susmy (4 points).

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2. (a) On the diagram below indicate the income and substitution effects of a price change from $1 to $2 per unit for a person that has an income of $80 . ncome ffect c abstith ffect (D) is a gover susmy (4 points)

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  • 1. 2. (a) On the diagram below indicate the income and substitution effects of a price change from $1 to $2 per unit for a person that has an income of $80 . ncome ffect c abstith ffect (D) is a gover susmy (4 points)