Question: 03. (10 points) Suppose a consumer has a utility function given by U(X,Y) = 5X + Y. The consumer has $40 to spend. The Price

03. (10 points) Suppose a consumer has a utility function given by U(X,Y) = 5X + Y. The consumer has $40 to spend. The Price of Good Y is Py = $1. The following table gives Price and Quantity combinations on the Demand Curve for Good X. Complete the table. Price of Good X Quantity of Good X $1 $2 $4 $6 $8

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