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Let U ( x , x )= x 2 x 2, p =1,and p = ,and m =200. 2 Derive the consumer's demand curve for

LetU(x,x)=x2x2,p=1,andp= ,andm=200.

2

  1. Derive the consumer's demand curve for x1 ( p1 , m) and x2(p2,m) (10points)?
  2. What are the optimal quantities of x1(p1,m) and x2(p2,m) (10
  3. points)?

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