Microeconomics
Microeconomics
13th Edition
ISBN: 9781337671590
Author: Arnold
Publisher: Cengage
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Chapter 3, Problem 7QP

(a)

To determine

Identify the shift in the demand curve.

(b)

To determine

Identify the shift of the demand curve.

(c)

To determine

Identify the shift of the demand curve.

(d)

To determine

Identify the shift of the demand curve.

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Problema 4 (20 puntos): Supongamos que tenemos un ingreso de $120 y enfrentamos los precios P₁ =6 y P₂ =4. Nuestra función de utilidad es: U(x1, x2) = x0.4x0.6 a) Planteen el problema de optimización y obtengan las condiciones de primer orden. b) Encuentren el consumo óptimo de x1 y x2. c) ¿Cómo cambiará nuestra elección óptima si el ingreso aumenta a $180?
Please draw the graph for number 4 and 5, I appreciate it!!
not use ai please
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