Bundle A is the utility maximizing bundle for an individual with an income of y facing a price of p1 for good #1 and a price of p2 for good #2. Which statement could explain the individual's utility maximizing bundle moving to point B: A. The price of good #2 increases and the goods are complements B. The price of good #2 decreases and the goods are substitutes C. The price of good #1 decreases and the goods are complements D. The price of good #1 increases and the goods are substitutes

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A: Given, Laptop Cost $750 Drone cost- $2000 Total cost- $15000

Q: If Utility Function is U = 5x1/2x2 with x1 and x2 goods and p1 = $10 and p2 = $15, so if income is…

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