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Suppose That There Are Two Goods, X and Y

Question 20

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Suppose that there are two goods, X and Y. The utility function is Suppose that there are two goods, X and Y. The utility function is The price of Y is $1 per unit and the price of X is P. Derive the Hicksian demand curve for X for utility equal to 50,000 units.
The price of Y is $1 per unit and the price of X is P. Derive the Hicksian demand curve for X for utility equal to 50,000 units.

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