Question: Given the estimated Cobb-Douglas utility function in Exercise 1.7, U = q 1 0.6 q 2 0.4 , for CDs, q 1 , and DVDs,

Given the estimated Cobb-Douglas utility function in Exercise 1.7, U = q₁^0.6q₂^0.4, for CDs, q₁, and DVDs, q₂, derive a typical consumer's Engel curve for movie DVDs. Illustrate in a figure?

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