4. Sebastian has the following utility function over consumption today (c1) and consumption tomorrow (c2): U(c1, c2) = ln(c1) + bln(c2) where 0 < b < 1 and ln denotes the natural logarithm Let p1 denote the price of c1 and p2 denote the price of c2. Assume that Sebastian’s income is Y. Derive Sebastian’s Marshallian demand functions for consumption today (c1) and consumption tomorrow (c2). What happens to c1 and c2 as b approaches 0?

Which sentence in the passage refers to the "analysis" of a given problem? jeremy is the production manager in a manafacturing company. he has identified a problem in the production process. he has estimated that the problem would lead to a loss of $10,000 and would require time to resolve. further, he has also identified the source of the problem to be the outdated machinery, which might require major repair, if not immediate replacement. finally, jeremy has also divided the problem into smaller parts, such as production costs, overheads, downtime expense, repair expenditure, and so on.