a consumer of two goods, either 1 or 2, has a utility function u (X1, X2) = X1 0.6. X2 0.4, where X1 denotes units of good 1 and X2 units of good 2. The price of good 1 is 5 euros per unit, the price of good 2 is 3 euros per unit and the consumer's income is 150 euros . Assume that only the price of good 1 changes and that the new price is P1 '= 2. Then the income that allows the consumer to consume exactly the initial basket after the decrease in the price of good 1 is Choose one: A) 86 B) 66 C) 76 D) 96 E) Not defined

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A: Hey, since there are multiple subparts  posted, we will answer the first three subpart question.

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