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Austin survives on breakfast tacos (good x) and brisket sandwiches (good y). Let px denote the price of a breakfast taco; let py denote the

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Austin survives on breakfast tacos (good x) and brisket sandwiches (good y). Let px denote the price of a breakfast taco; let py denote the price of a brisket sandwich; and let I denote Austin's weekly food budget. Austin's (ordinary) demand function for breakfast tacos is x* = 2 px Austin's (ordinary) demand function for brisket sandwiches is y* = 2 py Austin's indirect utility function (i.e., maximized utility as a function of prices and income) is V = 7 12 AP x Py Austin's expenditure function (i.e., minimized expenditure as a function of prices and utility is E = 2p1/2 p1/2 U 1/2 Which (x, y) bundle does Austin choose if Px = 1, Py = 4, and I = 40? O (20,5) O (40,0) O (32,2) (8,8)

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