(a) Derive the indirect utility function in case of a Cobb-Dauglas utility function u(x, y) = xyB. Where a+ẞ=1 and the budget equation is given by : 1=Px.x+Py.y. (b) Derive the compensated demand function for the utility function u° 9192 and the expenditure function EP191 P292. Verify the Shephard's Lemma. 4+(3+3)

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