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UHJLIUII .l. Ann lives in a two-good world. Her preferences are represented by the utility function u(x1lx2)=(x1)2 + 2351762 + (3%)}:- where x1 denotes her
\"UHJLIUII .l. Ann lives in a two-good world. Her preferences are represented by the utility function u(x1lx2)=(x1)2 + 2351762 + (3%)}:- where x1 denotes her consumption of good 1 and x2 denotes her consumption of good 2. Ann's income is m 3: 0, p1 denotes the unit price of good 1, and p2 denotes the unit price of good 2. (21) Draw a few of Ann's indifference curves. (bl Derive Ann's demand for good 1 as a function of m, p1, and p2
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