1. Find this consumer's Marshallian demand function or correspondence.

Justify your answer.

2. Find this consumer's indirect utility function. Justify your answer.

Consider a consumer Whose preferences can be represented by a utility function7 U : 1R3r > R, of the form U(:r:1,:1:2) : x 56%. Suppose that this consumer's budget set is given by B (P147279) : {($1,352) 6 R1 3291331 +P2932 g y}, Where (191,192, y) E Ri+ are arbitrary \"prices and income parameters\". 1. Find this consumer's Marshallian demand function or correspondence. Justify your answer. 2. Find this consumer's indirect utility function. Justify your