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Rui's utility function is Let the price of good X be px. the price of good Z be normalized to $1.00, and U be her
Rui's utility function is Let the price of good X be px. the price of good Z be normalized to $1.00, and U be her level of well-being What is her expenditure function ? Rui's expenditure function (E) is (Property format your expression using the tools in the palette. Hover over tools to see keyboard shortcuts E Derive her uncompensated demand curve for X. Let Y be her income Rui's uncompensated demand curve for good X is X = (Properly format your expression using the tools in the palette.) Derive her compensated demand curve for X Ruf's compensated demand curve for good X is X= (Properly format your expression using the tools in the palette.)
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