Consumer's income = $12 Refer to the data for a utility-maximizing consumer.Assume that new product Z doesn't exist.How many units of X and Y will this consumer buy,given his or her $12 budget?
A) 5 of X and 7 of Y.
B) 7 of X and 5 of Y.
C) 6 of X and 6 of Y.
D) 5 of X and 6 of Y.
Correct Answer:
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