Hello,

I need only the E part of questions

B. Consider the utility function of U[X,Y]=X2Y4 1. Derive the Marshallian demand curve for X(Xm) 2. Derive the Hicksan demand curve for x(xc) I need only the E part 3. What is the own-price elasticity for Xm ? 4. What is the own-price elasticity for X4 ? of question 5. What is the income elasticity of X ? 6. What is the price elasticity of X with respect to y(Py) ? 7. If the income level is 120 , then what is the Px that maximizes total bendir 8. Show that Slutsky equation holds. 9. Show that Euller Equation holds. 10. Show that Engle Aggregation holds. What does it mean? 11. Show that Cournot Aggregation holds. What does it mean? (sx,ex1,pa+syey1,x=?) 12. Are x and y substitutes or complements? Why? [Hint: do calculate ow m ch Marshalian quantity demanded of x changes as the price of y incre: res by \%] 13. Are x and y net substitutes or complements? Why? [Hint: do calcu te ho much Hicksian (Compansated) quantity demanded of x changes as the pr e of y hcreases by 1% ] C. What does shift the consumer demand curve to the left? a. Own price? b. Price of substitute goods? c. Income if the product is inferior? D. Let PX is the price of X, Py is the price of Y and I is the income a. Draw the budget line and Indifference map b. Mark the utility maximizing X and Y c. Let Px decreases, then show the income and substitution effects fo both X and Y when X is an normal (not inferior) product. E. What are the degree of homogeneity of the following production functions? a. k b. k+l c. ak+l0.5 d. k/+k/ e. (kl)/(.) f. Min(krl) B. Consider the utility function of U[X,Y]=X2Y4 1. Derive the Marshallian demand curve for X(Xm) 2. Derive the Hicksan demand curve for x(xc) I need only the E part 3. What is the own-price elasticity for Xm ? 4. What is the own-price elasticity for X4 ? of question 5. What is the income elasticity of X ? 6. What is the price elasticity of X with respect to y(Py) ? 7. If the income level is 120 , then what is the Px that maximizes total bendir 8. Show that Slutsky equation holds. 9. Show that Euller Equation holds. 10. Show that Engle Aggregation holds. What does it mean? 11. Show that Cournot Aggregation holds. What does it mean? (sx,ex1,pa+syey1,x=?) 12. Are x and y substitutes or complements? Why? [Hint: do calculate ow m ch Marshalian quantity demanded of x changes as the price of y incre: res by \%] 13. Are x and y net substitutes or complements? Why? [Hint: do calcu te ho much Hicksian (Compansated) quantity demanded of x changes as the pr e of y hcreases by 1% ] C. What does shift the consumer demand curve to the left? a. Own price? b. Price of substitute goods? c. Income if the product is inferior? D. Let PX is the price of X, Py is the price of Y and I is the income a. Draw the budget line and Indifference map b. Mark the utility maximizing X and Y c. Let Px decreases, then show the income and substitution effects fo both X and Y when X is an normal (not inferior) product. E. What are the degree of homogeneity of the following production functions? a. k b. k+l c. ak+l0.5 d. k/+k/ e. (kl)/(.) f. Min(krl)