1) Consider the quasilinear utility function U (331, $2) = 4292 + 6\\/x_1 such that MUE1 = 3/\\/m_1, MUm2 = 4 . The budget constraint is given by y 2 p931 + 9:2. a) What are the unusual properties about the quasilinear utility function? b) Calculate the demand functions for 301 and 3:2 and the utility U (x1, x2). c)In the 4 graphs draw the income offer curves, the price offer curves and the Engel and inverse demand curves for 1:1 below, labeling each graph appropriately. Assume that the initial price is 1 and income is 100, i.e. y = 100, p = 1