A consumer's indirect utility function is given by v(p, Y) = pipY°, where P1; P2; Y are prices and income, and a, B, d are parameters. Which restrictions should the parameters satisfy in order for...

 A consumer’s indirect utility function is given by

Extracted text: A consumer's indirect utility function is given by v(p, Y) = pipY°, where P1; P2; Y are prices and income, and a, B, d are parameters. Which restrictions should the parameters satisfy in order for v(p, Y) to be increasing in income, decreasing in prices and linear homogeneous in prices and income?