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Question 5: Consider the following Cobb-Douglas utility function u(I1, 12) = 1412 which we would like to maximize subject to the following budget constraint m

Question 5: Consider the following Cobb-Douglas utility function u(I1, 12) = 1412 which we would like to maximize subject to the following budget constraint m = P101 + P212 Find the consumer's optimal choices of x, and 12 (Marshallian demands)

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