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PEA 2022Question 8mcqModerate

U(x,y)=min{x,y}U(x,y) = \min\{x,y\}, income M=200M = 200. Old prices (px,py)=(2,2)(p_x, p_y) = (2,2); new prices (2,3)(2,3). Find the equivalent variation AA and compensating variation BB.