Question: Consider the indirect utility function given by v(P1, P2, m) = P: + P1 (a) What are the demand functions? (b) What is the expenditure

Consider the indirect utility function given by v(P1, P2, m) =

P: + P1

(a) What are the demand functions?

(b) What is the expenditure function?

(c) What is the direct utility function?

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