Question: Analyze the consumer's problem where u(x) x1 a log x2 ensuring that consumption is nonnegative. For simplicity, assume that p1 = 1. Sometimes non negativity

Analyze the consumer's problem where
u(x) x1 a log x2
ensuring that consumption is nonnegative. For simplicity, assume that p1 = 1.
Sometimes non negativity constraints apply to a subset of the variables, for which we have the following variation of theorem 5.2 and corollary 5.2.1.

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