Question: Question 7 ( 2 0 points ) PLEASE HELP ME WITH ( C ) sketching the graph Suppose a consumer spends all his income of

Question 7(20 points) PLEASE HELP ME WITH (C) sketching the graph
Suppose a consumer spends all his income of $1200 on the two goods A and B. Good A co $20 per unit and good B costs $30 per unit. His goal is to consume the combination of goor and B that maximizes his utility. The utility he derives from the consumption of goods A an described by the function u=4A0.25B0.25.
a. Identify the objective function and constraint faced by this consumer.
b. Solve the described constrained optimization problem for A and B using economics concepts.
c. Sketch the solution to this optimization problem (budget constraint and indifferenc curve) with A on the x axis and B on the y axis. To receive full credit, you must labe all axes intersection points, (2) the optimal A and B from part b,(3) the slope at the optimal A and B, and (4) the utility achieved from the optimal A and B.Question 7(20 points)
Suppose a consumer spends all his income of $1200 on the two goods A and B. Good A co $20 per unit and good B costs $30 per unit. His goal is to consume the combination of goor and B that maximizes his utility. The utility he derives from the consumption of goods A an described by the function u=4A0.25B0.25.
a. Identify the objective function and constraint faced by this consumer.
b. Solve the described constrained optimization problem for A and B using economics concepts.
c. Sketch the solution to this optimization problem (budget constraint and indifferenc curve) with A on the x axis and B on the y axis. To receive full credit, you must labe all axes intersection points, (2) the optimal A and B from part b,(3) the slope at the optimal A and B, and (4) the utility achieved from the optimal A and
Question 7 ( 2 0 points ) PLEASE HELP ME WITH ( C

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