Question: Solve clearly 02 Question (2 points) See page 79 Clayton's utility function can be written as xox, where x, Is the quantity of hamburgers consumed

Solve clearly

02 Question (2 points) See page 79 Clayton's utility function can be written as xox, where x, Is the quantity of hamburgers consumed and x, is the quantity of milk shakes, His Income is $1.200.00, 1st attempt Part 1 (1 point) Feedback Q) See Hint Hamburgers cost $8.00 each and the price of one milk shake is $4,00. If he is maximizing his utility, how much will Clayton spend on hamburgers? C $ 224 Q. See Hint Part 2 (1 point) * Feedback The price of hamburgers decreases to $7:37 each, Now, how much will Clayton spend on hamburgers if he is maximizing his utility? O$ 4071

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