In: Economics
An individual utility function is given by U(x,y) = x·y1/2. This individual demand equation for x is a factor a of I/px: x* = a (I/px). In this specific case, factor a is equal to ______. (NOTE: Write your answer in number format, with 2 decimal places of precision level; do not write your answer as a fraction. Add a leading zero and trailing zeros when needed.)