<p>Could anyone answer the following question?</p><p></p><p>A consumer of two goods has utility function u(x,y) = max{ax,ay} + min{x,y}, with 0 < a < 1. </p><p>(a) What's the shape of IC curve?</p><p><br/>(b) Derive the Marshallian and Hicksian demands.</p><p><br/>Source: <a href="http://ocw.mit.edu/NR/rdonlyres/Economics/14-121Fall-2005/1C962F2E-AA4C-4B29-A2D7-F1D823B44991/0/ps3.pdf">http://ocw.mit.edu/NR/rdonlyres/Economics/14-121Fall-2005/1C962F2E-AA4C-4B29-A2D7-F1D823B44991/0/ps3.pdf</a></p><p><a href="http://www.pinggu.org/bbs/thread-392660-1-1.html"></a></p>