(3.) Solve for the demand, z,(p. m), (i=1,n) for each of the following pref- erences: (a.)...

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(3.) Solve for the demand, z,(p. m), (i=1,n) for each of the following pref- erences: (a.) u(x) = II ( - ki) (a > Ofor alli: E0 = 1; k> 0 for all i). Also assume, m> i-1 Piki. (b.) u(x) = f(x) + x; (f">0, f" <0). HINT: This is quasilinear utility function, very similar to the following utility function: v(r) = lnr + . The only difference is that, in this case we have an unspecified function f(.). 1 (3.) Solve for the demand, z,(p. m), (i=1,n) for each of the following pref- erences: (a.) u(x) = II ( - ki) (a > Ofor alli: E0 = 1; k> 0 for all i). Also assume, m> i-1 Piki. (b.) u(x) = f(x) + x; (f">0, f" <0). HINT: This is quasilinear utility function, very similar to the following utility function: v(r) = lnr + . The only difference is that, in this case we have an unspecified function f(.). 1