consider the following utility function uxy
Consider the following utility function: U(X,Y) = max(X, 3Y)
(a) draw the indifferent curve for this utility function.(b) find the Marshalian funtions for X and Y and the corresponding indirect utility function.
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consider the following utility function uxy maxx 3ya draw the indifferent curve for this utility functionb find the marshalian funtions for x and
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1 suppose the demand for baseballs is given by q 200 - 8pa waht is the price elasticity of demand when p6b at what price will total revenue be
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