Mariah consumes litres of milk M and kilos of cookies C. Her utility function is given by

U=6M^0.5+20C^0.5

The price of a kilo of cookies is Pc=90 and the price of a litre of milkis Pm=12 and Mariah's income is y=120. To the two decimal places (e.g. 4.12)how much M and how much C will she consume?

nics 2 2020-21 2nd Semester Online Quizzes Online Quiz 1 2020-21 2nd Semester / OQ 1 2021 Remaining Time: 369:28:04 Mariah consumes litres of milk (M) and kilos of cookies (C). Her utility function is given by U.= 6M0.5 + 20C0.5 The price of a kilo of cookies is pc = $90 and the price of a litre of milk is py = $12 and Mariah's income is y = 196. To the two decimal places (e.g. 4.12) how much M and how much C will she consume? M= Number C= Number