Mead N. Taters likes only Steak (S) and potatoes (T), and gets utility from them according to:

U = S^1/4T^3/4

Let I represent the amount of income that Mead budgets for food.In words, what is the interpretation of P_SS/I?

(11)____________________________________________________________________________________

No matter what P_S and I are, Mead always chooses S so that P_SS/I = (12)_________________.

Now turn this relationship around and write S as a function of P_S and I: (13) S = __________.

The analogous equation for T is T = (14)_________________________.