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5. A person has utility function u(x, y) = 100xy + x + 2y. Suppose that the price per unit of x is $2, and that the price per

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Us loody + x + 2y Med looy t) my do a looxt 2 MR se mun - (100y + 1 float +2) At P = $2 At utility maximization condition MRSy looy + 1) = 21100x+2) Yooyty = 2008 & 4 Ҷаз уа 2 оəx y = 2004 20on yoo Bug Budget constraint ? px x + lyy = I J = $ loos (gn 250 units y = 125 units M Hence the utility is 1250 maximization 125. bur te

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