Question: Please show work thank you ! that's all that was instructed. ree-Response #1: Rosalie's utility function is given by U(x,y) = x + 3y. )

Please show work thank you !

that's all that was instructed.

Please show work thank you ! that's all that was instructed. ree-Response#1: Rosalie's utility function is given by U(x,y) = x + 3y.

ree-Response #1: Rosalie's utility function is given by U(x,y) = x + 3y. ) (4 points) Find her optimal consumption of goods (x,y) if px = 2, py = 5, and she has $60 of income. b) (4 points) If her income decreases, how would this impact her optimal consumption of goods x and y Justify your answers with math, graphs, and/or an explanation of 50 words or less. Free-Free-Response #1: Rosalie's utility function is given by U(x,y) = x + 3y. a) (4 points) Find her optimal consumption of goods (x,y) if Px = 2, py = 5, and she has $60 of income. b) (4 points) If her income decreases, how would this impact her optimal consumption of goods x and y? Justify your answers with math, graphs, and/or an explanation of 50 words or less. Free-Response #2

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