Question: A consumer has the following utility function over goods x and y u(x, y) = (x )(y ), > 0, > 0 Let px denote

A consumer has the following utility function over goods x and y

u(x, y) = (x )(y ), > 0, > 0

Let px denote the price of good x , py the price of good y , and M the consumer's income.

i. Derive the Hicksian demand functions for goods x and y

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