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A consumer's preferences are given by the following symmetric Cobb-Douglas utility function: u (x, y) = 7xy Suppose P x = 8,P = 6, and

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A consumer's preferences are given by the following symmetric Cobb-Douglas utility function: u (x, y) = 7xy Suppose P x = 8,P = 6, and U = 187. (a.) Solve the Hicksian demand (i.e. the compensated demand) for x. Your answer must be a decimal, rounded to three decimal places. xH (8,6,187) =

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