Question: 5. Nora eats waffles (x) and cereal (y) for breakfast. Her preferences are described by u(x, y) =x + 2y. 2 (a) If her

5. Nora eats waffles (x) and cereal (y) for breakfast. Her preferences are described by u(x, y) =x + 2y. 2 (a) If her income is $18 and prices are pr = Py = $3, how much of each food will she consume? (b) Show your results graphically.

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