Question: 5 3. [20 marks] Consider the utility function, U(x, y) = A + 2a In(x) + 2a In(y). where A and a are positive constants.

3. [20 marks] Consider the utility function, U(x, y) = A + 2a In(x) + 2a In(y). where A and a are positive constants. (a) Derive the Marshallian demand functions. (b) Derive the expenditure function

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