Question: =+a. In a footnote in this chapter, we stated that when the indirect utility for individual m can be written as V m 1p1 ,

=+a. In a footnote in this chapter, we stated that when the indirect utility for individual m can be written as V m 1p1

, p2

, I m 2 5 am 1p1

, p2 2 1 b1p1

, p2 2I m

, then demands can be written as in equation (15.2). Can you demonstrate that this is correct by using Roy’s Identity?

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