Demand functions for goods

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Suppose that Selena Gomez’s preferences for Jusin Beiber tickets (good one) and Nick Jonas tickets (good two) can be represented by the utility function u(x1, x2) = 2x1 + x2. Describe Selena Gomez’s demand functions for goods one and two, x1*(p1,p2,m) and x2*(p1,p2,m), as a function of prices (p1 and p2) and her income (m). Please show all your work.

Reference no: EM131173421

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