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  3. 3 consider the following utility function a 15 points derive...

Question: 3 consider the following utility function a 15 points derive...

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3. Consider the following utility function, (a) 15 points] Derive the Marshallian demand functions. (Explain your derivation in details.) Does the Marshallian demand increase with price? Are the two consumption goods normal goods? (b) 15 points] Derive the Hicksian demand functions. Does the Hicksian demand ncrease with price

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