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11. (10 points) A student has a monthly budget of $1000. She can spend her budget on two items, W and K. Each unit of W costs $10 and each unit of K costs $20. If the student has a utility function of U-200W + 200K+ 1 IW + 4K2-WK, what is the optimal amount of w and K for her to consume to have the maximum utility? What is this total utility? What is the value of lambda and what does this mean?

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2 reaioed FOCs ani OL OL 2 00 22W -K ar 220 22 -K λ Ye presents marginal uti mon HUh due one or bnd ご 19550

answered by: ANURANJAN SARSAM
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