Delay Ruf's utility function is Lot the price of good X bo py. the price of good 2 be normalized to $1.00, and U be her level of will being What is br gapand ture function ? Pete expenditure function (E) is PX(U -504) E-2. -0 04 (PX * 1). (Property format your expression using the boob in the paris. How our took to the beyond virtu Eg. a absorption be excited esh fe, chris Derive her uncompensated demand curve for X Let Y be her Income Ruf's uncompensated demand curve for good X is (Properly formal your expression using the boob in me paiton ) Derive her compensated demand curve for X Ruf's compensated demand curve for good X h OMode Delay (PX " ') (U + 0.04) X= 5 - 0.04 To find the expenditure function, substitute the optimal values for good X and good Z into E = pyX + Z