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If​ philip's utility function is uequals12 left parenthesis q 1 right parenthesis superscript 0.5 baseline plus q 2​, what are his demand functions for the two​ goods? Let the price of q 1 be p 1​, let
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If​ philip's utility function is uequals12 left parenthesis q 1 right parenthesis superscript 0.5 baseline plus q 2​, what are his demand functions for the two​ goods? Let the price of q 1 be p 1​, let the price of q 2 be p 2​, and let income be y. ​philip's demand for q 1 as a function of p 1 and p 2 is

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If​ philip's utility function is uequals12 left parenthesis q 1 right parenthesis-example-1
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