Question: Given Barbara's estimated Cobb-Douglas utility function, U(q 1, q 2) = q 1^0.2 q 2^0.8, for CDs, q 1, and DVDs, q 2, derive her

Given Barbara's estimated Cobb-Douglas utility function, U(q 1, q 2) = q 1^0.2 q 2^0.8, for CDs, q 1, and DVDs, q 2, derive her Engel curve for movie DVDs. Illustrate in a figure. Let p be the price of DVDs, $1.00 be the price of CDs, and Y be income. Barbara's Engel curve for movie DVDs is

Y= ? (Please provide an answer)

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