5 . Ed's utility from vacations () and meals (M) is given by the function U(V,M) = V M. Last year, the price of vacations was $200 and the price of meals was $50. This year, the price of meals rose to $75, the price of vacations remained the same. Both years, Ed had an income of $1500. a . Calculate the change in consumer surplus from meals resulting from the change in meal prices. b What is the compensating variation for the price change in meals? C. Calculate the equivalent variation for the price change in meals