[Steps Shown] Suppose a consumer's preferences can be represented by the utility function: U(X,Y)=Y + 3X. Draw an indifference curve. Under what conditions
Question: Suppose a consumer's preferences can be represented by the utility function: U(X,Y)=Y + 3X.
- Draw an indifference curve.
- Under what conditions would the consumer consume good Y? Good X?
Deliverable: Word Document 
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