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Question 11 Itranscript 5 pts What are Paige's Marshallian Demand Functions? gx Pr , Py; I = Po I - 2; gy(Px, Py ; ]
Question 11 Itranscript 5 pts What are Paige's Marshallian Demand Functions? gx Pr , Py; I = Po I - 2; gy(Px, Py ; ] ) = 2PF Py O gx (Px , Py; ]) = Aps Pu ; gy (Px, Py; D ) = - 1 O ga (Pr , Py; I) = 2p2 ' - 2p. ; gy ( Pr, Py , I) - 2 gx (Pr , Py; ]) = _ - 4; gy (Pr, Py; ] ) = App O ga (Pr, Py, I) = Aps' Ps ; gy (Px , Py; ]) = - 4 Question 12 /transcript 5 pts What is the indirect utility function? O V( PI , Py , I = In ( ) +4() O V(PE,Dy, I) = In( 2 ) + 2 ( 5, - 2) O V(Pr,py, I = In(1 - 4)+2 Py O V(Pr, Py, I) = In(x) + 4y
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