Evaluting the Slutsky-equation, Weak Axiom of Revealed Preferences and Consumer behavior.
At initial prices p0i, i - 1,... ,n Bert chooses to consume quantities qoi. i = l,...,n. Prices change to p0i, i = l,...,n, Bert is Slutsky-compensated and he chooses to consume quantities q\, i = 1,... ,n. His behavior satisfies WARP.
Are the following statements true or false? Briefly justify- your answers.