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1 Engel curves Consider an agent with utility function U (3:) = log $1 + /m2 over X = R1. 1. Find a pair of
1 Engel curves Consider an agent with utility function U (3:) = log $1 + \\/m2 over X = R1. 1. Find a pair of consumption bundles a: and 32' and a scale factor A > 0 such that U($) > U(:c') but U(Am)
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