Can anyone please help me with my question please? If utility function is and the budget constraint is$150; price of X is $10/unit and price of Y is $5/unit; X and Y are in units.
a. Find the optimal bundle X and Y that the consumer should buy to maximize his utility.

Question

Can anyone please help me with my question please?  If utility function is  and the budget constraint is$150; price of X is $10/unit and price of Y is $5/unit; X and Y are in units.	
a.	Find the optimal bundle X and Y that the consumer should buy to maximize his utility.

anonymous · Answer

Can anyone please help me with my question please? If utility function is U (X,Y) = 4x^1/2 y^1/2 and the budget constraint is$150; price of X is $10/unit and price of Y is $5/unit; X and Y are in units. a. Find the optimal bundle X and Y that the consumer should buy to maximize his utility.