Question: Need help answering question 1. B. This problem is based on Homework 2, specifically 4.1 and 4.2 from the textbook. A consumer has wealth w,

Need help answering question 1.

B. This problem is based on Homework 2, specifically 4.1 and 4.2 from the textbook. A consumer has wealth w, faces prices p, and p2 for the two goods that give her/him joy, a, and x2. Their utility is given by u(x1, X2) = log(x1) + log(x2). 1. Using the Lagrangean method, find the consumer's Marshallian demand functions and their indirect utility function

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