Question

Hans has 27 dollars, which he decides to sp end on x and y . Commodity x costs $16 p er unit
and commodity y costs $10 per unit. He has the utility function U (x; y ) = 5x
2 + 2y
2
. and he can
purchase fractional units of x and y .

Answer 1

Answer:

77hhhhh यह छि सअन महताजी बा ओसस बादशाह छु मये याद केंहह छि सअन दोसत मन ता बा ओसस वुना योहस छु कयाह तथ छि यह छि तमा वक़ता मये ओस सख़त बेमार गोमत दमाग़ छु वनुं छु मये छि सअन शवुब आस तम ववन मयस रेडेव परोगरामस छु मये याद पेय बबर मये याद छु कयाह छु नेर कामाok jii

Answer 2

Answer:

y =( 8 / 5 )x

Explanation:

U = 5x 24

Mux = 2 / 2 x (0)

= 5 x @ / @ x  (2y² ) + 2y², 2 / 2x ( 5x )

= 0+ 2y2 ( 5 )

= 10 y2

mu y = @ / @y (4)

= 5x ( 4y)

= 10 xy

MRS = - Mu x / mu y

=- 10 y 2 / 10 x y = - y/x

Px = 16 , Py = 10

MRT = -Px / py = -16 / 10

= - 8 / 5  

At equilibrium MRS = MRT

- y/x = -8/5

y /x = 8/5

y =( 8 / 5 )x

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