Question: ( 1 5 points ) Suppose a consumer has the following utility over goods x and z : U ( q x , q z

(15 points) Suppose a consumer has the following utility over goods x and z :
U(qx,qz)=ln(0.5qx-1)+ln(qz-2)
Use this information to answer the following questions:
(a)(1 point) What is the constrained maximization problem?
(b)(4 points) What is the optimal choice for (qx,qz) given income is m, good x has a price of Px and good z has a price of Pz?(Hint/Reminder: if have f(x)=ln(g(x)) where f and g are both functions of x, then delfdelx=1g(x)delgdelx.)
(c)(6 points) Given you answer in part (b) and focusing on good x, what is the own price elasticity of demand, the cross-price elasticity of demand, and the income elasticity of demand? To make life easier (i.e. to get specific values, use m=$100,Px=$2, and Pz=$4.
(d) marks
( 1 5 points ) Suppose a consumer has the

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