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Suppose a quasilinear preference is represented by a utility function of the form u(x)=x1+(x2,...,xn). Show that the Hicksian demand functions for goods 2,.,n are independent
Suppose a quasilinear preference is represented by a utility function of the form u(x)=x1+(x2,...,xn). Show that the Hicksian demand functions for goods 2,.,n are independent of utility with and without assuming this function is differentiable, i.e. use the definition of quasilinear preference to prove.
Provide also tables and diagrams. Give a detailed explanation for this.
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