Question: Problem 5: Assume that a]: a specic level of utility, the indifference curve for a given household consuming goodsx and}! can he described by: 4436

Problem 5: Assume that a]: a specic level of utility, the indifference curve for a given household consuming goodsx and}! can he described by: 4436 y= I Suppose this consumer has $1613 to spend and it costs $3 per unit and}? costs $2 per. This results in the following budget constraint: M: prx+gvy=>$lz$8x+$2y How much :1: and y will the household choose to purchase if utility is to be maximized

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