lQuestion 4 '1'] Marks [0.5, I15, 2, 5, 3] r consumer has the following utility function U [X1.>

Question4 11 Marks 5, 3) A consumer has the follovng utility function U (XL X2) = Xl(xa +4) Prices of the goods and xa respectively are p, and p2 and the consumer has income rn We assume that all prices and income are strictly positiv Furthermore, throughout this question assume that m (a) (0.5 marks) Find the consumer's MRS benneen the goods (ie marginal utility of Xl divided by marginal utility of (b) (0.5 marks) Write dcnmn the equation for the consumer's budget line and the slope of the budget line x, is on the horizontal axis and is on the vertical axi