Essay
(Table: Consumer Equilibrium) Look at the table Consumer Equilibrium.Assume that the price of good X is $2 per unit, the price of good Y is $1 per unit, and you have $10 of income to spend on both goods.To maximize utility, you would consume ___ ___ units of X and __ units of Y.
A.3; 4
B.2; 3
C.2; 6
D.5; 0
Correct Answer:
Verified
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