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Suppose Epx, Py, U) = 3Up/2 p}/2. Then the Marshallian demand for good y is 1/2 1/2 = I O a. gy(Px,py, 1) = PyI
Suppose Epx, Py, U) = 3Up/2 p}/2. Then the Marshallian demand for good y is 1/2 1/2 = I O a. gy(Px,py, 1) = PyI = 2px O b. gy(Px, Py, 1) = . I 2 O c. gy(Px, py, 1) = . I = 2py O d. gy(Px, Py, I) 12 = 3Py I O e. gy(Px, Py, I) = 2p3 =
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