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Demand The utility maximization problem for a household with income I is: maxOf of s C1,C2 s.t. PIC1 + p2C2 = 1 (a) What is

Demand The utility maximization problem for a household with income I is: maxOf of s C1,C2 s.t. PIC1 + p2C2 = 1 (a) What is equilibrium relative consumption, C. = C1/C2, given goods prices

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