Question: 2. The utility function of Sally is given by U (any) = :1: + 2y. Express the optimal choice for good x and y, dened


2. The utility function of Sally is given by U (any) = :1: + 2y. Express the optimal choice for good x and y, dened as x* and y* respectively, for Sally in terms of money income In and prices p, and pg. Draw the Engel curve for 3 when (i) p; > 32%,(ii) P:
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