Solve clearly

QUESTION 1 Suppose we have a consumer with the following utility function u(x. y) = 2x + y Suppose that p1=P2. The optimal consumption of good x will be O m/p1 Oo O (m-6)/p1 QUESTION 2 Suppose we have the following utility function u(x, y) = 4y The optimal demand for good x (assuming that both prices are positive) will be: OO O m/p1 O We can consume any amount of xQUESTION 3 Assume we have a consumer with the following utility function U(x1. x2)= max(2x1. x2) These preferences satisfy convexity O True False QUESTION 4 Suppose we have a consumer with the following utility function u(x, y) = x(1/4) (3/4) The optimal consumption of good y will be: OO O m/p2 O 3m/4p2