Section 1: Demand (2 points each) 1. Assume an individual has Cobb-Douglas preferences of the form U(x1,X2) = x1 2 x:". Which of the following most accurately portrays her demand curve for Good 1 when I=$10 and p2 = 2? Hint: You can solve this problem using the standard method. Alternatively, you can do Question 20 first then look for a monotonic transformation that makes the exponents sum to 1. A B 10 0.5 1.5 2 2.5 3 35 Good 10 C D 10 10 Good