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7. Consider the utility function U(11,12)= nei +2y if x > 0 -0 otherwise Assume P1, P2, m >0. (a) Compute the demand function

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8 UXI X2 2 = a) at Eqm ln x + X2 . MRS12 = Pilpa MRS = Dylan, at Eqm - P So A TX= P2 then from B.C. - P, X+ P2 X 2 = m. x2 =

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