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Hi, can you please help me solve this question? Please see the attached file (it is split in two pages). Thank you in advance. Problem

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Hi, can you please help me solve this question? Please see the attached file (it is split in two pages).

Thank you in advance.

image text in transcribed
Problem 1 Consider the following Cobb-Douglas utility function: 16 \"[$)=k$'f:c2 , with:k>1,

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