Multiple Choice
Suppose the consumer's utility function is given by U(x,y) = xy + y where MUx = y MUy = x+1 The equation for this consumer's demand curve for when I > Px is
A) xd = 0
B) xd =
C) xd = -
D) xd = 1/2
Correct Answer:

Verified
Correct Answer:
Verified
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