Question: .a~1- 1) Consider the Utility function u = xx St. Px + Px2 = y a. Examine the convexity of the indifference curve. b.

.a~1- 1) Consider the Utility function u = xx St. Px + Px2 = y a. Examine the convexity of the indifference curve. b. Derive the Marshallian demand curves for x and x. c. Derive the Hicksian demand curves for x and x. d. Derive the second order sufficient condition for the utility maximization. e. Derive the indirect utility function. f. Use Roy's Identity to derive the ordinary demand function. g. Prove that a111 + 21 = - 1. h. Prove that 11 + 2 $21=0

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