Question: For the utility function U = Qx^0.31Qy^(1-0.31) and the budget 164 = 14Qx + 6Qy find the CHANGE in optimal consumption of X if the

For the utility function U = Qx^0.31Qy^(1-0.31) and the budget 164 = 14Qx + 6Qy find the CHANGE in optimal consumption of X if the price of X increases by a factor of 1.4. Please enter your response as a positive number with 1 decimal and 5/4 rounding (e.g. 1.15 = 1.2, 1.14 = 1.1)

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