following questions:

1) Solve the following problem. Maxxy Vxty s.t. 12 x+ y, x20,y20 2) Consider the baseline asset pricing model our slide. Prove that the function in equation (3) given by d(pp, qp ) = Pbu (Pb(1-qb)te,) increases u'(y bqb tez) with pp, i,e. show that ad(pbab) _ 0. if utility function satisfies that for all x > 0, apb u" (x) 0