utility

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utility

honey
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sove marshillian demand if    p1  and p2 are 1 and 2 respectively
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Re: utility

honey
how to transform it
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Re: utility

aditi5000
take log
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Re: utility

ritu
In reply to this post by honey
moreover its a positive monotonic transformation of U=x1+log x2....just derive demand functn for this utility function and the answer will be same...
tim
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Re: utility

tim
hey ritu cn u tell d final answe i want to match my answer.
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Re: utility

Chocolate Frog
x2 = p1/p2
x1 = m/p1 - 1 for m > p1, and zero otherwise.