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4. (16 pts) Paula regards xi as a satiation good and x2 as a good. She has the non- linear budget constraint illustrated below 12

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4. (16 pts) Paula regards xi as a satiation good and x2 as a good. She has the non- linear budget constraint illustrated below 12 10 8 6 2 0 2 4 6 8 10 12 14 16 x1 For each commodity bundle listed below, state whether or not it is possible for that bundle to be a solution to her utility maximization problem. If it is possible, state one possible value for her bliss point such that the bundle is her solution. If it is not possible, clearly demonstrate why not. a. (x1, X2) = (3, 9) b. (x1, x2) = (6, 9) C. (x1, X2) = (3, 3) d. (x1, x2) = (8, 3)

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