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#3 Suppose that u(x1, x2) = x/xl + x2 and the consumer faces prices 191 and p2, income m. a) Solve for the Marshallian demand
#3 Suppose that u(x1, x2) = x/xl + x2 and the consumer faces prices 191 and p2, income m. a) Solve for the Marshallian demand for x1. b) What is the IE for a change in the price of x1? 0) Solve for the Marshallian demand for x2. (1) What are the consumer's optimal choices if 191 = 1, p2=5 and m=4
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