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Suppose u=min(x,y) and the price of x is 1, the price of y is 1 and income is $12. if the price of x increases to 2, the substitution effect is

Suppose u=min(x,y) and the price of x is 1, the price of y is 1 and income is $12. if the price of x increases to 2, the substitution effect is
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Suppose u=min(x,y) and the price of x is 1, the price of y is 1 and income is $12. if the price of x increases to 2, the substitution effect is

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User Nakeema
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it's the third option
answered
User Kat
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