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(a) Derive the Marshalian demand functions for the following utility function:
u(x1,x2,x3) = x1 + δ ln(x2) x1 ≥ 0, x2 ≥ 0
Does one need to consider the issue of "corner solutions" here?
(b) Derive the Hicksian demand functions and the expenditure function for the following utility function:
u(x1,x2,x3) =min {√x1, 2√x2, 4√x3} x1 ≥ 0, x2 ≥ 0, x3 ≥ 0
Using the expenditure function and the Hicksian demand functions that you obtained, derive the indirect utility function and the Marshalian demand function for good 1.
definiton
Euler''''s Constant (e) Approximate the number to the one hundredth, one ten-thousandths, and one one-hundred-millionth.
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Two stations due south of a tower, which leans towards north are at distances 'a' and 'b' from its foot. If α and β be the elevations of the top of the tower from the situation, Pr
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The sum of the digit number is 7. If the digits are reversed , the number formed is less than the original number. find the number
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