To use calculus to decompose the total effect of a price change into substitution and income effects, it is necessary to solve all of the following EXCEPT the consumer's:
A) utility-maximization problem at the original prices.
B) utility-maximization problem at the new prices.
C) expenditure-minimization problem at the new prices and original utility level.
D) expenditure-minimization problem at the original prices and new utility level.
Correct Answer:
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