Question: Assume that the commodity prices in the optimization problem (4.34) with (4.36) are p 1 = 1 and p 2 = 2. Show that in

Assume that the commodity prices in the optimization problem (4.34) with (4.36) are p1 = 1 and p2 = 2. Show that in the optimum u(c*1,c*2) =w/√8 holds

(4.34)

Assume that the commodity prices in the optimization problem (4.34) with (4.36)


(4.36)

are p1 = 1 and p2 = 2. Show that in the

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