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Mesfin Mola
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Mesfin Mola
Answers (1)
Consider the utility function u = f (x1……xn) where xi, i =1,2,……., n are the quantities of the n goods consumed. Let the price of good xi be pi, I = 1, 2,…….., n. Let M be the consumer’s income. Show that the Lagrangian multiplier of the
