Describe the strategies utilized by the critics

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Reference no: EM1319338

Q1. A consumer has a utility function of the form U=2xy.The price of of good X is p also the price of Y is 1. Let m denote income. Illustrate what is the MRs also derive the Demand function for good X also for good Y

Q2. Describe the marketing strategies of the companies involved in the case (distinguish the marketing methods utilized by the drug companies from those utilized by the food companies). Describe the strategies utilized by the critics of the infant formula companies. Elucidate the concerns of the critics of the formula companies.

Reference no: EM1319338

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