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Suppose a consumer has preferences represented by the utility function U(X,Y)= MIN(X,2Y). The price of good X is Px = 4, and the price of

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Suppose a consumer has preferences represented by the utility function U(X,Y)= MIN(X,2Y). The price of good X is Px = 4, and the price of good Yis Py = 2. Sketch the graph of the consumer's Engel Curve for good X. Be sure to label your graph carefully (including at least three points on the Engel curve)

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