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Utility question maths Consider the indirect utility function 0(1), m) = amp2'5 + pf. Which of the following is correct? O.5 (a) The Expenditure function

Utility question maths

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Consider the indirect utility function 0(1), m) = amp2'5 + pf. Which of the following is correct? O.5 (a) The Expenditure function is [u 10:1] 3% (b) The Expenditure function is are 2'5 + p;1 (c) The Expenditure function is derived from v(p, m) using Roy's Identity. (d) The Expenditure function is derived from 11(1). m) using Shepherd's Lemma. (e) None of the above are correct

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