Hi Chegg experts! Please help me answer these questions in complete/step by step solution. Will uprate once answered ASAP. Thank you.

3.2 Simple Utility Maximization (2 points) Your preferences are represented by the utility function U=(x10.5+x20.5)2, where the price of good 1 is 4PHP and the price of good 2 is 3 PHP. Your income is given by 50PHP. - Set up the Lagrangean function for this utility-maximization problem with constraint. - Compute for the utility-maximizing quantities of x1 and x2. - What is the maximum level of utility you can attain given your utility function and budget constraint? 3.3 Simple Expenditure Minimization (2 points) Suppose you are trying to minimize your expenditures E=4x1+3x2 subject to the target maximum utility level (x10.5+x20.5)2=6175. - Set up the Lagrangean function for this expenditure-minimization problem with constraint - Compute for the expenditure minimizing quantities of x1 and x2. - What is the minimum expenditure you can incur given the level of utility you have to attain? 3.2 Simple Utility Maximization (2 points) Your preferences are represented by the utility function U=(x10.5+x20.5)2, where the price of good 1 is 4PHP and the price of good 2 is 3 PHP. Your income is given by 50PHP. - Set up the Lagrangean function for this utility-maximization problem with constraint. - Compute for the utility-maximizing quantities of x1 and x2. - What is the maximum level of utility you can attain given your utility function and budget constraint? 3.3 Simple Expenditure Minimization (2 points) Suppose you are trying to minimize your expenditures E=4x1+3x2 subject to the target maximum utility level (x10.5+x20.5)2=6175. - Set up the Lagrangean function for this expenditure-minimization problem with constraint - Compute for the expenditure minimizing quantities of x1 and x2. - What is the minimum expenditure you can incur given the level of utility you have to attain