Slutsky and Hicks Decompositions - General Dynamics

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To manipulate px (price of good X), py (price of good Y) or m (income), slide the blue buttons in the yellow field. See how the budget line changes. Also note that this influences the optimum point. You can restore the applet by clicking on the symbol in the upper right corner.

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Made by Dr. Jens Peter Siebel with GeoGebra.

In general:

Last update: 04/05/2011