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Question 5. Youssouf's utility function is given by: u(x1, x2) = 4x1 (x2 + 2). The price of good 1 is $2 and the price
Question 5. Youssouf's utility function is given by: u(x1, x2) = 4x1 (x2 + 2). The price of good 1 is $2 and the price of good 2 is $3. Youssouf has $66 in income. a) Find his optimal consumption bundle (the bundle that maximizes utility). You may use the Lagrange method (Method 2) or your intuition (Method 3). (10 points)
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