Question: please show a detailed solution. Solve this utility maximization proplem: max U(x, y) = cln(x - a) + din(y - b) s.t. px + qy

please show a detailed solution.

please show a detailed solution. Solve this utility maximization proplem: max U(x,

Solve this utility maximization proplem: max U(x, y) = cln(x - a) + din(y - b) s.t. px + qy = m. All parameters are positive constants, with c + d = 1, and m > ap + bq. (a) Find the expressions for U*, a*, y*, and * that solves the problem. (b) Show that OU* am > 0. (c) Prove that OU* OU* OU* am x* and that OU* ap aq am y*

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