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Problem 3. Consider a consumer with utility function u(x1, x2) = ritz a) Find the Hicksian demand function h(p, p2, u) of this consumer. b)
Problem 3. Consider a consumer with utility function u(x1, x2) = ritz a) Find the Hicksian demand function h(p, p2, u) of this consumer. b) Find the value of v( 1, 1, e(2, 2,6)) for this consumer. Here v( p1, pz, w) denotes the indirect utility function and e( pi, p2, u) denotes the expenditure function
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