Given: U = ' \"\"3- Pi: = 20.1% = so. I = 4000. 3 l l . Solve for the initial optimal bundle (X3, 1"\") and the utility derived from consuming it (U '0). 2. Compute for the new.r optimal bundle and utility if income decreases by 2000. 3. Graph the Income Consumption Curve and Engle Curve for both goods. 4. What kind of goods are X and Y? ExPlain your