Question: Box one options: indeterminate, maximum, minimum An individual values two goods, X and Y, according to the following utility function: 1 1 U (X, Y)

Box one options: indeterminate, maximum, minimum

An individual values two goods, X and Y, according to the following utility function: 1 1 U (X, Y) = X3 Y4 The price of X is Pac=2.29, and the price of Y is Py=0.95. The individual has 20 dollars. What is the Lagrangean for this problem? Please substitute the given values for variables where applicable. L= What are the first order conditions? Use L for 1. OX . Number E Number Number How much X and Y should this individual buy? (Round answers to the nearest whole number.) X = Number Y = Number

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