Ejercicios de Efecte substitució i efecte renda (equació de Slutsky)

7 ejercicios de Efecte substitució i efecte renda (equació de Slutsky) que han salido en los exámenes de Microeconomía I de la UPF…

Ejercicio Test 4 - d · 2019

Ben consumes two goods with utility U(x_1, x_2) = 12 x_1 x_2^3. Income and p_2 remain constant, while p_1 decreases. Which statement is correct regarding income and substitution effects?

Ejercicio Test 4 - e · 2019

Charlie's utility is U(A, B) = AB. Initially p_A = 1, p_B = 2, and m = 24. If p_A rises to 6 while p_B stays unchanged, calculate by how much the Slutsky substitution effect reduces apple consumption.

Ejercicio Test 4 - f · 2019

Ken has utility U(A, B) = AB. Initially pA = 1, pB = 1, and m = 60€. If pA increases to 3€ and pB remains 1€, what is the income m' that keeps Ken's real income unchanged in the sense of Slutsky?

Ejercicio Test 4 - g · 2019

Jack's preferences are u(x, y) = min{2x, 2y}, m = 40, px = 1, py = 1. If px increases to 4, find the income effect (Δx^I) on Jack's demand for good x in the sense of Slutsky.

Ejercicio Test 5 - a · 2019

Yoram has utility U(x, y) = x + 5y. Prices are px = 4€ and py = 25€ with a weekly budget of 120€. A club allows members to buy y at 10€ per unit in exchange for a weekly membership fee. What is the maximum fee Yoram would pay to join?

Ejercicio Test 5 - b · 2019

Carmen's utility is u(x, y) = min{3x, y}. With income m = 18€, price of earrings increases from 6€ to 15€. Find the compensating variation (CV).

Ejercicio Test 5 - d · 2019

Sonia's demand for cereals is C = m/40 - 2p_c, with m = 4000€ and initially p_c = 20€. If p_c increases to 40€, what is the Slutsky substitution effect on cereal demand?

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