Use the prompt below to answer questions 23-26. Suppose that…
Use the prompt below to answer questions 23-26. Suppose that during the colder months in South Bend, you pass the time by attending performances at DPAC (x) and hockey games (y). The discounted student prices for these events are Px=$2 and Py=$3. Assume you spend your entire budget allocated to attending these events. Your tastes and preferences for DPAC performances and hockey games can be described by the following utility function: