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Make sure you show/describe the important steps. Max has the utility function U( x, y) =...

Make sure you show/describe the important steps. Max has the utility function U( x, y) = x( y + 1). The price of x is $2 and the price of y is $1. Income is $10.

a) How much x does Max demand? How much y?

b)If his income doubles and prices stay unchanged, will Max’s demand for both goods double?

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