Normalized sushi-units, Parikshit’s utility function is

Normalized sushi-units

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Parikshit’s utility function is given by m+s1/2, where s denotes sushi (with price p in “normalized sushi-units”) and m denotes part of his income (in dollars) he does not spend on sushi. Find his demand function for sushi.

Reference no: EM13998524

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Normalized sushi-units : Parikshit’s utility function is given by m+s1/2, where s denotes sushi (with price p in “normalized sushi-units”) and m denotes part of his income (in dollars) he does not spend on sushi. Find his demand function for sushi.

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