Question: 4:26 PM Mon Aug 8 . . . 1 73% TOO + 3. ) Assume that X and Y are normal goods. Suppose that your

4:26 PM Mon Aug 8 . . . 1 73% TOO + 3. ) Assume that X and Y are normal goods. Suppose that your utility function is U = X5Ys and that the marginal utility from good X is MUx = =X 5Ys and that the marginal utility from good Y is MUy = = XY-5. a. goIf the price of X is $6, the price of Y is $6, and your income is $60, find the optimal amount of each good to purchase. b. Suppose that the price of Y decreases to $4. Find the new optimal quantities of goods X and Y to purchase. VID &gt

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