Question: For the next three questions, suppose that a consumer maximizes the utility function U(x1; x2)=in(x1- 5) + ln(x2) subject to the usual budget constraint P1

For the next three questions, suppose that a consumer maximizes the utility function U(x1; x2)=in(x1- 5) + ln(x2) subject to the usual budget constraint P1 x1 + P2 X2 = Y . Find the demand functions for x1 and x2. Select one: 0 a. _ Y + 5131 _ 2P1 _ Y +5131 _ 2P2 $1 a 1:2 Ob- Y5P1 Y5P1 $1 = 2P1 ' $2 = 2P2 0 Y + 5P1 Y 5P1 1 2P1 ' 2 2P2 0 d' Y 5P1 Y + 5P1 I1 = 172 = 2P1 ' 2P2

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