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Question 1 Let an individual's utility function be given as \[ u\left(x_{1}, x_{2}\right)=2 \sqrt{ ...
Question 1 Let an individual's utility function be given as \[ u\left(x_{1}, x_{2}\right)=2 \sqrt{x_{1} x_{2}} \text { - } \] c) Grven the pnees \( p_{1}=1 \) and \( p_{2}=2 \) for the first and the second good, respectively, and a budget of \( m=100 \), what is the best consumer choice? d) Find the individual's general demand function for good \( 2 . \)