Ann's utility function is U = q 1 q 2 / (q 1 + q 2 ).
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Ann's utility function is U = q1q2 / (q1 + q2). Solve for her optimal values of q1 and q2 as a function of p1, p2, and Y?
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Equating MRS with rela...View the full answer
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Related Book For 
Microeconomics Theory and Applications with Calculus
ISBN: 978-0133019933
3rd edition
Authors: Jeffrey M. Perloff
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