Question: 2. A consumer has a utility function 145(3315 933) : (112:1 + a2 111(332) and a budget constraint plmlIpgzrg : m. Derive the hiarshallian and

2. A consumer has a utility function 145(3315 933) : (112:1 + a2 111(332) and a budget constraint plmlIpgzrg : m. Derive the hiarshallian and Hicksian demand functions for this consumer and show that they are downward sloping in their own prices. Derive the indirect utility function and show that it is homogeneous of degree zero in its arguments

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