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Use the Following to Answer Question

Question 26

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Use the following to answer question: Use the following to answer question:   -(Table: Consumer Equilibrium) Use Table: Consumer Equilibrium.Assume that the price of good X is $5 per unit,that the price of good Y is $1 per unit,and that you have $10 to spend on both goods.To maximize utility,you would consume _____ unit(s) of X and _____ unit(s) of Y. A) 0;1 B) 1;5 C) 4;6 D) 5;5
-(Table: Consumer Equilibrium) Use Table: Consumer Equilibrium.Assume that the price of good X is $5 per unit,that the price of good Y is $1 per unit,and that you have $10 to spend on both goods.To maximize utility,you would consume _____ unit(s) of X and _____ unit(s) of Y.


A) 0;1
B) 1;5
C) 4;6
D) 5;5

Correct Answer:

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