Rui's utility function is U = X + 25X7 +7 Let the price of good X be px, the price of good Z be normalized to $1.00, and U be her level of well-being. What is her expenditure function ? Rui's expenditure function (E) is (Property format your expression using the tools in the palette. Hover over tools to see keyboard shortcuts. E. Derive her uncompensated demand curve for X. Let Y be her income. Rui's uncompensated demand curve for good X is X = .(Properly format your expression using the tools in the palette.) Derive her compensated demand curve for X Rui's compensated demand curve for good X is X = .(Properly format your expression using the tools in the palette.)Px (U + 0.04) Z= - 0.04. 5 Substitute this result for good Z into X = 0.04(Px - 1) + Z(Px - 1) - 0.04 and solve for X to find the compensated demand curve for good X. Display Settings WScore: 0 of 1 pt 12 of 20 (20 c X Concept Question 3.5 What is her expenditure function? Rui's expenditure function (E) is Px (U + 0.04) E = 2. 5 - 0.04 (Px + 1) . (Properly format your expression using the tools in the palette. Hover over Derive her uncompensated demand curve for X. Let Y be her income. Rui's uncompensated demand curve for good X is X = 0.5Yp -1+0.02px 1-0.02 . (Properly format your expression using the tools in the palette.) Derive her compensated demand curve for X. Rui's compensated demand curve for good X is Px (U + 0.04) X = - 0.04 . (Properly format your expression using the tools in the palette.) 5 Fnter vniir answer in the answer hax and then click Check