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Question: utility surface tu tuxt tut y4 65 135 13...

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Utility Surface: TU = TU,Xt TU_T Y-4 6.5 13.5 13 12 10 18.5 18 17 15 12 X 2 21.5 21.5 20.5 18.5 15.5 X 4 21 Y 2 Y 1 Y O 18 15 X 13. Identify consumer equilibrium in general @) algebraically and (i) in a diagram. 4. Find original consumer equilibrium when Mo 2s : p 1 Py -13. Identify the maximum utlity (Uo)and the utilty maximizing commodity bundle (F) maximizing commodity bundle (EM) 4) and the new case (question 4). Let the bottom graph show the effect of income change on quantity demanded. .Idenify the maximum udlity (UM)and the utdlty 1 S 5. Find new consumer equilibrium when M 3$ p 1 Py 3 x 6. Draw two graphs that appear one on top of the other. Let the top graph show the consumer equilibria for the original case (question

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