Suppose a consumer’s utility function is given a U = 100X0.25Y0.75.The prices of the two commodities _X _and _Y _are Birr 2 and Birr 5 per unit respectively. If the consumer’s income isBirr 280, how many units of each commodity should the consumer buy to maximize his/her utility?

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Suppose a consumer’s utility function is given a U =
100X0.25Y0.75.The prices of the two commodities _X _and _Y _are
Birr 2 and Birr 5 per unit respectively. If the consumer’s
income isBirr 280, how many units of each commodity should the
consumer buy to maximize his/her utility?

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