= A consumer has Marshallian demands 9x (Pa, Py, I) = I the indirect utility function V(Px, Py, I) 2√PxPy due to a small increase in py is: (a) (b) Ipy.5 2p% n0.5 I 4pxPy Up.5 (c) (d) (e) 0 2p0.5 U 4pxPy I and gy (Px, Py, I) = I 2py' = and 2px The substitution effect on good x -

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