Question: 4. An individual has the following utility function u(x1, 22, 23) = xfz'zg . Here, the individual has preferences where the consumption of x versus

 4. An individual has the following utility function u(x1, 22, 23)

4. An individual has the following utility function u(x1, 22, 23) = xfz'zg . Here, the individual has preferences where the consumption of x versus the zs are independent. The prices for each good are p1, p2 and p3, respectively

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