2. (6 Total Points) Suppose a consumer's utility function is given by UXY) =MIN (4X Y). Also, the consumer has $40 to spend, and the price of Good X Px=S1. let Good Ybe a composite good whose price is Py-S1. So on the Yaxis, we are graphing the amount of money that the consumer has available to spend on all other goods for any given value of X Now suppose Pyincreases to $4. D Gakulate the Compensat ing Variation: CV- i)- Calculate the Equivalent Variation: EV-

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