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Thank you in advance g) The price-consumption curve 2. Does the marginal utility of apples increase or decrease when we move down along a demand

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g) The price-consumption curve 2. Does the marginal utility of apples increase or decrease when we move down along a demand curve for apples? Explain. 3. Suppose you are given the following information: U =X12 X23 where U is the utility of an individual; W = X 2X2 3 + XP - F X, is the quantity of the consumption of good i for i = 1, 2. Find the demand functions for X, and X2. = 0 Calculate price and income elasticities for X1. Explain and show the shape of Engel curve and income expansion path. A /, = Using Lagrangian technique, find the optimum commodity purchases of X1 and X? for the consumer, where income of the individual is $100. price of X1 is $2, and price of X2 is $3

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