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    • The Substitution and the Revenue Effects for a Cobb-Douglas Utility Function 

      Ioan, Catalin Angelo; Ioan, Gina (“Dunarea de Jos” University of Galati, 2010)
      In the consumer’s theory, a crucial problem is to determine the substitution effect and the revenue effect in the case of one good price’s modifing. There exists two theories due to John Richard Hicks and Eugen Slutsky ...