Question: =+2. Show that the two utility functions given below generate identical demand functions for goods X and Y: a. U(X,Y) = log (X) + log
=+2. Show that the two utility functions given below generate identical demand functions for goods X and Y:
a. U(X,Y) = log (X) + log (Y)
b. U(X,Y) = (XY)
5
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