Question: solve problem 22 part a and b Problem 22 A consumer consumes two (food) commodities, x and y. The consumer has utility function U(x,y) =150-2(x

solve problem 22 part a and b
solve problem 22 part a and b Problem 22 A
Problem 22 A consumer consumes two (food) commodities, x and y. The consumer has utility function U(x,y) =150-2(x - 5)-(-5) and Faces the budget constraint px+pwys m. a) Assuming m=15 and both prices are 1. find the optimal consumption plan (**,y"). b) Assuming m=10, p. =2 and p. =1, find the optimal consumption plan (x*

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