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bdkbZ 4 % Øeokpd mi;ksfxrk fl¼kar % rVLFkrk ;k vukfèkeku oØ n`f"Vdks.k
4-20 izfrLFkkiu izHkko rFkk vk; izHkko dh igpku ;k dher izHkko dk izfrLFkkiu uksV
izHkko vkSj vk; izHkko esa foHkktu
(Identification of Substitution Effect and Income Effect of
Splitting Price Effect into Substitution Effect and Income Effect)
dher izHkko ls izfrLFkkiu izHkko rFkk vk; izHkko esa foHkkftr gksus ls lacafèkr fuEufyf[kr nks n`f"Vdks.k gSaA
(a) fgDl dk n`f"Vdks.k (The Hicksian Approach)] vkSj (b) LVyLdh dk n`f"Vdks.k (The
Slutsky’s Approach)
4-21 fgDl dk n`f"Vdks.k (The Hicksian Approach)
1- lkekU; oLrqvksa osQ fy, izfrLFkkiu izHkko rFkk vk; izHkko dk vyxko
(Separation of Substitution Effect and Income Effect for Normal Goods)
lkekU; oLrq,¡ os oLrq,¡ gSa ftudk izfrLFkkiu izHkko ½.kkRed ijarq vk; izHkko èkukRed (Positive) gksrk
gSA okLro esa] izfrLFkkiu izHkko lnSo ½.kkRed gksrk gSA bldk vFkZ gS fd fdlh oLrq dh ek¡sxh xbZ ek=kk
esa o`f¼ gksrh gS tc og lkisf{kd :i esa lLrh gks tkrh gS vkSj ek¡x esa deh gks tkrh gS tc og lkisf{kd
:i esa eg¡xh gks tkrh gSA èkukRed vk; izHkko dk vFkZ gS fd oLrq dh dher osQ fxjus ls okLrfod vk;
esa o`f¼ gksrh gS ftlls ek¡xh xbZ ek=kk c<+rh gSA vU; 'kCnksa esa] vk; izHkko okLrfod vk; rFkk ek¡xh xbZ ek=kk
esa lnk izR;{k lacaèk dks izdV djrk gS ijarq dher vkSj ek¡xh xbZ ek=kk osQ chp ½.kkRed lacaèk dk laosQr
nsrk gSA vU; 'kCnksa esa] èkukRed vk; izHkko mlh fn'kk esa lapfyr gksrk gS ftl fn'kk esa ½.kkRed
izfrLFkkiu izHkko lapfyr gksrk gSA (Positive income effect moves in the same direction as
the negative substitution effect.) bldk vfHkizk; ;g gS fd dher ifjorZu osQ dkj.k izfrLFkkiu
izHkko rFkk vk; izHkko nksuksa lkekU; oLrq osQ vfèkd miHkksx dks O;Dr djrs gSa tc ml oLrq dh dher esa
fxjkoV vkrh gSA pw¡fd dher izHkko] vk; rFkk izfrLFkkiu izHkko dk la;ksx gS blfy, yksx lkekU; oLrq dh
ek¡x vfèkd djrs gSa tc ml oLrq dh dher ?kVrh gSA la{ksi esa] izfrLFkkiu izHkko rFkk vk; izHkko nksuksa gh
dher vkSj ek¡xh xbZ ek=kk osQ chp foijhr lacaèk dks O;Dr djrs gSaA blfy, lkekU; oLrqvksa osQ fy, ek¡x
oØ dk <yku lnk ck,¡ ls nk,¡ uhps dh vksj (Downwards Slope) gksrk gSA
fp=k 4-24
Y Price Effect = SQ
Substitution Effect = TQ
R
Income Effect = ST
Oranges L C
B
IC
A
IC
1
O ST NQ P M X
Income
Apples
Effect
Substitution Effect
Price Effect
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