Question: Please write out all the steps on a separate piece of paper cause when it is written on the laptop, it gets confusing to understand

Please write out all the steps on a separate piece of paper cause when it is written on the laptop, it gets confusing to understand what is happening. Appreciate it! Thanks!

Problem 1 Alice 1 receives an allowance of 150 dollars a week for fish (which is an important share of her diet) that she spends on buying Salmon (S) and Tuna (T). The price of each pound of Salmon is 10 dollars and the price of each pound of Tuna is 5 dollars. Her utility is given by: U(S,T) = 8% +T% (a) Find her marginal rate of substitution (MRS) between S and T. (b) Write down Alice's budget constraint. (c) Find Alice's optimal consumption and the value of A at the optimum (d) What is her new consumption if the price of tuna becomes 10 dollars

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