Mathematical Economics: Derive compesated demand function for q1 from u=q11.5 q2 given that y=p1 q1+p2 q2
- Thread starter okdove
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What are your thoughts? What have you tried? How far have you gotten? ("Read Before Posting")
When you reply, please include the definitions of the variables, state how they relate to each other, confirm that "compesated" is a typo for "compensated", and explain whether the numbers following the letters are subscripts, superscripts, or something else. Thank you!