You are given the following utility function (and there is obviously an income constraint). Derive the Marshallian demand function (half the points) and identify the income elasticity of both goods (half the points). u=x1x2

Microeconomics A Contemporary Intro
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Chapter6: Consumer Choice And Demand
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You are given the following utility function (and there is obviously an income constraint). Derive the Marshallian demand function (half the points) and identify the income elasticity of both goods (half the points).

u=x1x2

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