Question: a and b Problem 2 (10 points) Alicia's utility function is 3 log (qi) -4- log (72) (a) Derive Alicia's ordinary demands for goods I

Problem 2 (10 points) Alicia's utility function is 3 log (qi) -4-

a and b

Problem 2 (10 points) Alicia's utility function is 3 log (qi) -4- log (72) (a) Derive Alicia's ordinary demands for goods I and 2. (b) Derive Alicia's inverse demands for goods I and 2.

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