Draw this individual indifference map and budget line

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Let x be eggs and y be bagels. An individual utility function is given by U(x, y) = ½ x + 1 y. This individual budget constraint is 4 = 2 x + 1 y. (You are encourage to draw this individual indifference map and budget line). At the point at which this individual maximizes her utility level she buys ___ unit(s) of x and __ unit(s) of y. (NOTE: write your answer in number format, with 2 decimal places of precision level). EXPLAIN.

Reference no: EM13999737

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