Question: Question 1 Consider the following quasilinear utility function: our} = 3 it + 2 y, 1:illhere x denotes the quantity of apples and y denotes

 Question 1 Consider the following quasilinear utility function: our} = 3

Question 1 Consider the following quasilinear utility function: our} = 3 it\" + 2 y, 1:illhere x denotes the quantity of apples and y denotes the quantity of pears. Let income be m, the price for one apple he PK. and the price for one pear he pr. a} By applying the Lagrangian method, derive the ordinary demands for apples and pears. b} What is the impact of an increase in the price of apples on the ordinary;r demand for pears? What is the impact of an increase in income on the ordinary demand for apples? 1:} Derive the Engel cunre for apples. Illustrate sour answer in a ca refullyr drawn graph

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