1. Suppose Bob has a consumption decision to make. His preference over consumption bundles is represented with the following utility function: U(x1,x2) = x/4x3/4 His budget constraint takes the usual form: Y = Px + Px2 a) Set up the Lagrangian function b) Find Bob's Marshallian demand functions using the Lagrangian method c) Find the Lagrangian multiplier, d) Obtain Bob's indirect utility function V(x1, x2,Y). av e) Differentiate Bob's indirect utility function with respect to Y to obtain the Lagrangian multiplier? What do they both represent? Does it equal