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Review Exercises. Consider the utility function u (x1 x2) 1) Obtain the Marshalian Demand and the Indirect Utility Function. 2) Obtain the Hickisian Demand and the Expenditure Function. 3) This exercise is about Duality. a) Use the Indirect Utility function and the Hickisian Demand Function to obtain the Marshallian Demand Function. b) Use the Marshallian Demand Function and the Expenditure Function to obtain the Hickisian Demand Function. c) Use the Indirect Utility Function to obtain the Marshallian Demand (Roys Identity).

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