Question: Han is choosing between lightsabers (L) and blasters (B). His utility function is U(L,B)=LB+B. Denote his income as I, and the prices of lightsabers and
Han is choosing between lightsabers (L) and blasters (B). His utility function is U(L,B)=LB+B. Denote his income as I, and the prices of lightsabers and blasters as PL and PB, respectively. Use any method to solve for Han's optimal levels of consumption for lightsabers,and blasters. (Hint: Look for the general demand functions L(I, PL, PB) and B(I, PL, PB).)
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