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assume a consumer's utility function is X1*X2, income =100, the sticker price of good 1 is $2, the per-unit tax on good 1 is $3,

  1. assume a consumer's utility function is X1*X2, income =100, the sticker price of good 1 is $2, the per-unit tax on good 1 is $3, and the tax inclusive price of good 2 is $1.
  2. What is this consumer's optimal (maximum) utility?

1 points (Extra Credit)

QUESTION 2

  1. assume a consumer's utility function is X1*X2, income =100, the sticker price of good 1 is $2, the per-unit tax on good 1 is $3, and the tax inclusive price of good 2 is $1.
  2. What is the government's revenue from this consumer?

2 points (Extra Credit)

QUESTION 3

  1. Suppose the imposed an equivalent head tax.That is, assume instead of the per unit tax the government imposes a head tax that generates the same revenue as you found in the previous question.What is the consumer's utility under this equivalent head tax?

1 is given each time and 3 is question please help

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