Question: 8. Suppose the expenditure function is E(Px, Py, U) = U(p2 + py )2. Find the Hicksian demand for good Y. (a) hy = U(P3+

 8. Suppose the expenditure function is E(Px, Py, U) = U(p2

+ py )2. Find the Hicksian demand for good Y. (a) hy

8. Suppose the expenditure function is E(Px, Py, U) = U(p2 + py )2. Find the Hicksian demand for good Y. (a) hy = U(P3+ p3) Py ( b) hy = ( c) hy = Up3 +3 Py (d) hy U ( P3+ P3) (e) hy U( P3+P3) Py

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