Min. PxX+PyY s.to U*=104=XY (d, e, f from your school number) a-) Obtain Hicksian demand functions. b-) Create the expenditure function. c-) Using Shepard's lemma, show that you are able to reach the demands you got in part a.
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Min. PxX+PyY s.to U*=104=XY (d, e, f from your school number)
a-) Obtain Hicksian
b-) Create the expenditure function.
c-) Using Shepard's lemma, show that you are able to reach the demands you got in part a.
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