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Suppose the consumer's utility function is given by U(x,y) = xy + y where MUx= yMUy= x+1 The equation for this consumer's demand curve for

Suppose the consumer's utility function is given by U(x,y) = xy + y where

MUx= yMUy= x+1

The equation for this consumer's demand curve forxwhen I > Pxis:

  • A.x^d= 1/2
  • B.x^d=I / (2Px)-1/2
  • C.x^d=I/ (2Px)
  • D.x^d= 0

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