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1. Consider the following data showing Zuko's total utility from the consumption of two goods: Siopao and Coffee Shake. Assume the price of Siopao is

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1. Consider the following data showing Zuko's total utility from the consumption of two goods: Siopao and Coffee Shake. Assume the price of Siopao is P50.00, the price of coffee shake is P100.00, and Zuko has P300 to spend on the two goods. Assuming that he wishes to maximize his utility, what combination of Siopao and Coffee Shake will Zuko purchase? Show your solution. Quantity TU from Siopao TU from Coffee Shake 1 1,000 1,000 2 1,800 1,800 3 2,500 2,500 4 3,000 3,000 5 3,200 3,200 2. If the price of coffee shake doubles, what will happen to Zuko's consumption of the two goods? Show your solution. 3. If the price of siopao is halved, what will happen to Zuko's consumption of the two goods? Show your solution

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