4. Below is the Slutsky substitution matrix for a consumer endowed with locally non-satiated and strictly convex preferences and consuming three goods at the prices (p1, P2, P2) = (1,2,6). -10 ? ? -4 ? ? ? 3 List the three properties of the Slutsky substitution matrix, and fill in the missing numbers, using these properties.

Microeconomics A Contemporary Intro
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Chapter6: Consumer Choice And Demand
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4. Below is the Slutsky substitution matrix for a consumer endowed with locally
non-satiated and strictly convex preferences and consuming three goods at the
prices (p1, P2. P2) = (1,2,6).
-10 ? ?
-4 ?
3
?
List the three properties of the Slutsky substitution matrix, and fill in the
missing numbers, using these properties.
Transcribed Image Text:4. Below is the Slutsky substitution matrix for a consumer endowed with locally non-satiated and strictly convex preferences and consuming three goods at the prices (p1, P2. P2) = (1,2,6). -10 ? ? -4 ? 3 ? List the three properties of the Slutsky substitution matrix, and fill in the missing numbers, using these properties.
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