Question: Paragraph Styles 4. (16 points) Suppose a consumer has preferences represented by the utility function U(X, Y) = MIN[2X, Y]. Suppose Px = 2 and

Paragraph Styles 4. (16 points) Suppose a consumer has preferences represented

Paragraph Styles 4. (16 points) Suppose a consumer has preferences represented by the utility function U(X, Y) = MIN[2X, Y]. Suppose Px = 2 and PY = 2. Sketch the graph of the consumer's Engel Curve for good X

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