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Consider a consumer whose consumption set is R2^+. Calculate the Hicksian demand function and the expenditure function for the following: The utility function is given
Consider a consumer whose consumption set is R2^+. Calculate the Hicksian demand function and the expenditure function for the following: The utility function is given by u(x)=a1x1+a2x2 where a1,a2>0
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Managerial Economics
Authors: Paul Keat, Philip K Young, Steve Erfle
7th edition
0133020266, 978-0133020267
