Question: Consumer 1 has expenditure function ei(p1, p2, u1) = u1 /Pipz and consumer 2 has utility function u2 (11, 12) = 43zxy. (a) What are

Consumer 1 has expenditure function ei(p1, p2, u1) = u1 /Pipz and consumer 2 has utility function u2 (11, 12) = 43zxy.

(a) What are the Marshallian (market) demand functions for each of the goods by each of the consumers? Denote the income of consumer 1 by m1 and the income of consumer 2 by my.

(b) For what value(s) of the parameter a will there exist an aggregate demand function that is independent of the distribution of income?

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