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Utility function: U = 100F^(.4)C^(.6) Write the equation for the Marshallian Demand Curve and the Hicksian Demand Curve. Use the equation to calculate the income

Utility function: U = 100F^(.4)C^(.6)

Write the equation for the Marshallian Demand Curve and the Hicksian Demand Curve. Use the equation to calculate the income and substitution effects(discrete changes) for I=100, Pc=2, and change in the price of food from 2 to 1.

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