Question: Please solve so that I can use the solution to teach myself. #1 MICRO SCREEN SHOT (SEPT. 19) Sketch some indifference curves of : U(x1,

Please solve so that I can use the solution to teach myself.

Please solve so that I can use the solution to teach myself.

#1 MICRO SCREEN SHOT (SEPT. 19) Sketch some indifference curves of : U(x1, 12) = 12 * (log(x1) - 1). For what values of $1, 2 does this consumer have monotonic preferences? Prove that the function is quasiconcave in this region. Find the Marshalian Demand. Hint: You will need a special function

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