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Janice Doe consumes two goods, X and Y. Janice has a utility function given by the expression:

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0.5 xoSy y0.5 - $25 PX S750 M = 5-0-5 Maripaid y 4X0.5X a) b 5 0.5 O-5-0.5 4X0 5X 0-5 2 X yo.5 Marquial MUX hate dubidutien CMAS (V10. X Y MAS hetween XY X audgy's censtaumt 25X tSo Y= 750 Px 25E 2. 50 aquesting slgue usdet X 2Y

uwiuing this in budget heae 25( 2Y) 750 +50Y 50Y + SoY 750 E 7-5 758 S-tXて =X 15 Opeomal quantites rapectnaty The X&Y are lGand 5

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Answer 1

0.5 xoSy y0.5 - $25 PX S750 M = 5-0-5 Maripaid y 4X0.5X a) b 5 0.5 O-5-0.5 4X0 5X 0-5 2 X yo.5 Marquial MUX hate dubidutien CMAS (V10. X Y MAS hetween XY X audgy's censtaumt 25X tSo Y= 750 Px 25E 2. 50 aquesting slgue usdet X 2Y

uwiuing this in budget heae 25( 2Y) 750 +50Y 50Y + SoY 750 E 7-5 758 S-tXて =X 15 Opeomal quantites rapectnaty The X&Y are lGand 5