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Question 2(a-d) 2. Given the Cobb-Douglas utility function in (1) m u( x) = , a; > 0, i = 1,..., m i=1 (1) a.

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Question 2(a-d)

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2. Given the Cobb-Douglas utility function in (1) m u( x) = , a; > 0, i = 1,..., m i=1 (1) a. Find the Marshallian demand function b. Find the indirect utility function c. Find the expenditure function d. Show the derivation of Marshallian demand function using Roy's identity

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