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;''e'lgr'e:i';kin the Cat is willing to trade 3 units of x for 1 unit of y when she has 6 units of x and 5
;'"'e'lgr'e:i';\"kin the Cat is willing to trade 3 units of x for 1 unit of y when she has 6 units of x and 5 units of y. 1o wed Willing to trade in 6 units of x for 2 units of y when she has 12 units of x and 3 units of y. He s indifferent between bundle (6, 5) and (12, 3). What is the utility function for goods x and y? 4: (b) Mickey Mouse the Cat is willing to trade 4 units of x for 1 unit of y when she has 8 units of x and 1 unit of y. She is also willing to trade in 1 unit of x for 2 units of y when she has 4 units of x and 4 units of y. He is indifferent between bundle (8, 1) and (4, 4). Assuming that the utility function is Cobb-Douglas of the form U(x,y) = x*yP where a and g are positive constants, what is the utility function for Mickey Mouse the Cat
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