A consumer has S600 to spend on good x and y. Her preferences can be represented by the utility function U(x,y)= y+100 In x If the price of one unit of good x is $10 and the price of one unit of good y is $5, what is the consumer optimal bundle?

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A: At Optimal bundle, slope of indifference curve is equal to slope of budget constraint

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A: *ANSWER:-

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A: Since you have posted multiple questions. So as per answering guideline, only first question will be…