Please write it down on paper with clear solution.Thank you!

1) A consumer has utility function U(x) = 2122 + 22. (a) Draw indifference curves {x 2 0 | U(x) = 4} and {x 2 0 | U(x) = 6}. Find his Marshallian demand function D(p, I) and his indirect utility function V(p, I) for I > 0, p2 > 0, and I 2 p1 > 0. (b) Invert the indirect utility function to construct his expenditure function e(p, u) (recall the woodchuck identities). (c) Construct his Hicksian demand functions hi(p, u) and h2(p, u). (d) Initially po = (1, 1) and I = 9. Then the prices increase to p' = (1,2). What is the EV associated with this price change? 2) A firm has SC and LC functions graphed below. In a new figure plot the corresponding SMC, SAC, SVC, LMC and LAC functions. Be precise. SC