[GET ANSWER] 2. (Slutsky Equation) Suppose the utility function is u(x1, x2) = x1^(1)/(2)x2^(1)/(3) and the budget constraint is p1x1 p2x2 = m.(a) Write down the formula of Slutsky Equation.(b) Suppose (p1, p2, m) = (1, 2, 20). Compute the total effect, substitution effect, and income effect at this point. Do the sum of the latter two equals total effect?(Hint: you should use the Slutsky Equation in calculus form, if you are asked to compute the three effects at one particular point.)(c) If no
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