Consider the following utility function ulnx1lnx2 x1 has
Question - Consider the following utility function: U=lnx1+lnx2. x1 has price of $1 and x2 has price of $2. Derive the optimal demand for both goods (assuming that consumption is positive).
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question - consider the following utility function ulnx1lnx2 x1 has price of 1 and x2 has price of 2 derive the optimal
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