Distinguish between cardinal utility and ordinal utility. Which is more realistic?

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Distinguish between cardinal utility and ordinal utility. Which is more realistic?

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given utility function u=x0.75 y0.25 where px = 2 birr, birr, py = 4 birr and the income of the consumer is, m= 240 birr. a. find the utility maximizing combinations of x and y. b. calculate marginal rate of substitution of x for y at equilibrium and interpret your result.
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Suppose that the total utility function of a consumer is given by TU(x,y) = 4xy+2 y and the prices of X and Y are 1 Birr and 2 Birr per unit, respectively. If the income of the consumer is 60 Birr and if he spends all of his income on the consumption of commodities of X and Y, a. Find the optimum amount of X and Y that the consumer will consume at equilibrium b. Find MRTSx,y . c. Draw the budget line d. What happens to the original budget line if the budget falls by 50%? e. What happens to the original budget line if the price of X doubles? f. What happens to the original budget line if the price of Y increases to 4?
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