If the price of good X is $10 and the price of good Y is $5,how much of good X will the consumer purchase if her income is $15?
A) 0
B) 2
C) 3
D) Cannot tell based on the above information.

Question

Quizplus · Accepted Answer

The information provided does not include the consumer's preferences, the utility derived from each good, or any budget allocation strategy the consumer might have. Therefore, it's impossible to determine how much of good X the consumer will purchase solely based on the prices of goods and the consumer's income.

If the Price of Good X Is $10 and the Price