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10. Construct an indirect utility function that corresponds to the direct function U = a ln q1 + q2. Use Roy's identity to construct
10. Construct an indirect utility function that corresponds to the direct function U = a ln q1 + q2. Use Roy's identity to construct demand functions for the two goods. Are these the same as the demand functions derived from the direct utility function?
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Brian Zwicker
11th Canadian Edition
132564440, 978-0132564441
