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Zhixiu has the following linear preferences over coffee (x) and candy (y): u(x,y)=2x+5y d. Solve the...

Zhixiu has the following linear preferences over coffee (x) and candy (y): u(x,y)=2x+5y

d. Solve the utility maximization problem for x* and y* when m=150 and px=10.

e. Graph Zhixiu's demand function for candy y* as py changes when her income is m=150 and the price of candy is px=10. Be sure to label any kink points in your graph.

f. Set up the expenditure minimization problem for Zhixiu.

g. Solve the expenditure minimization problem for x^c and y^c when \bar{u} =50 and the price of candy is px=10.

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