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A consumer's utility function is given by U(X,Y)= X 1/2 x Y 1/2 where P X 1=1 and P x 2=3. (a) Derive the demand
A consumer's utility function is given by U(X,Y)= X1/2 x Y1/2
where PX1=1 and Px2=3.
(a) Derive the demand for X1 and X2
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Principles Of Macroeconomics
Authors: Lee Coppock, Dirk Mateer
2nd Edition
0393614093, 9780393614091
