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For the next three questions, suppose that a consumer maximizes the utility function U(x1; x2)=|n(x1- 5) + |n(x2) subject to the usual budget constraint P1

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For the next three questions, suppose that a consumer maximizes the utility function U(x1; x2)=|n(x1- 5) + |n(x2) subject to the usual budget constraint P1 x1 + P2 x2 = Y. Find the demand functions for x1 and x2. Select one: a Y 5P1 Y 5P1 I1 : . .1'2 : 2P1 2P2 b. Ims.monash.edu C Homework Help - Q&A from Online Tutors - Cour.. Quiz 3 (Assignment 3) (page 3 of 3) G Determine: (1) whether there are diminishing.. G i don't care how long it takes - Google Search + MONASH University ? Regina Tatukude Quiz navigation Information For the next five questions, an investor is considering whether to purchase Atlassian stock. Flag question The investor's utility function is U (r) = 12 , where r is the return that the investor earns. The return is uncertain, and the table below shows the distribution of returns. 1 Consumer Probability Demand: log r i 2 3 0.01 0.2 0.04 0.4 2 Consumer 0.09 0.3 Demand 0.25 0.1 i 4 5 3 Uncertainty Question 6 Calculate the expected return. Answer with a two-digit decimal; do not write in % form. Not yet answered Finish attempt ... Marked out of Answer: 1.00 Flag question Question 7 Calculate the expected utility. Not yet

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