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Consider a Cobb-Dogulas utility function: U (x 1 , x 2 ) = x 1 0.4 x 2 0.6 1. How would I find the

Consider a Cobb-Dogulas utility function:

U (x₁, x₂) = x₁^0.4x₂^0.6

1. How would I find the demand function of Good 1 given (p₁, p₂, m).

2. How would I find the demand function of Good 2 given (p₁, p₂, m).

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Consider a Cobb-Dogulas utility function: U (x 1 , x 2 ) = x 1 0.4 x 2 0.6 1. How would I find the