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  3. draw the consumers budget constraint and indicate the consumers optimal...

Question: draw the consumers budget constraint and indicate the consumers optimal...

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Draw the consumer’s budget constraint and indicate the consumer’s optimal bundle on the budget constraint. Make sure your graph is accurate and clearly labeled.

c) U(X,Y) 2X +3Y. The consumer has $20 to spend and the prices of the goods are Px $2 and Py $4.

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