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Consider the Cobb-Douglas utility function for two goods x and x2 .0.75 u(x1, x2) = 4x0.25 x2.7 Given the below budget constraint (where y

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Consider the Cobb-Douglas utility function for two goods x and x2 .0.75 u(x1, x2) = 4x0.25 x2.7 Given the below budget constraint (where y is income) P1x1 + P2 x2 = y (1) Derive the Marshallian demand functions for x and x2

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