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2- Lisas preference between good X and a composite good of everything else (Z) can be shown by a Cobb-Douglas function as be

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Page No : & a) x=025, then x 252 75 = ū (x, 7) = ( 2.3), X•257.45 - (2)25 (3):45 (416) , 9c: X0257-45 = (4)625 (6).75 MRS = M

A) IC

Nū -10- (4,6) (2,3) X 10

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