Question

1) A consumers utility function is a(z, y) = (a) Find the consumers optimal choice for x, y as functions of income prices Pa Py and income I. (b) Sketch the demand curve for r as a function of functions of its own price Pr when Py 16, I-256. (c) Sketch the demand curve for x as a function of the other price py when p,-1, 1 = 81.

Textbook: Nicholson & Snyder, Microeconomic Theory, 12th edition.

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optimal c。nditim Myズーーーノ ㄨㄚ ㄧㄚㄨ256 IIų 81 1/4

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Textbook: Nicholson & Snyder, Microeconomic Theory, 12th edition. 1) A consumer's utility function is a(z, y)...
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