Question: :3. (10 points) Suppose a consumer has a utility function given by U(X,Y) = 5X + Y. The consumer has $40 to spend. The Price


:3. (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 S l 32 S4 56 $8
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