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Answer the following question Let the preference of an individual is the following utility function u(ac $2, $3) :Jrlogxs. $1 + :32 His budget constraint

Answer the following question

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Let the preference of an individual is the following utility function u(ac $2, $3) :Jrlogxs. $1 + :32 His budget constraint is pix! + peace + 1*)ng : y ' 3) Calculate his Marshallian demand functions. b) Find his indirect utility function. c) Derive the Marshallian demand functions from the indirect utility function you already found in (b).\\W11at can you say about the answer you obtained with the result in (a)? Explain clearly

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