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Use the Table Below to Answer the Following Question

Question 16

Multiple Choice

Use the table below to answer the following question.
Table 8.2.4
Use the table below to answer the following question. Table 8.2.4    -Refer to Table 8.2.4.Suppose the price of X is $1 and the price of Y is $1.How much of each should you purchase to maximize utility from a total expenditure of $11? A) 3 units of X and 8 units of Y B) 4 units of X and 7 units of Y C) 5 units of X and 6 units of Y D) 6 units of X and 5 units of Y E) 7 units of X and 4 units of Y
-Refer to Table 8.2.4.Suppose the price of X is $1 and the price of Y is $1.How much of each should you purchase to maximize utility from a total expenditure of $11?


A) 3 units of X and 8 units of Y
B) 4 units of X and 7 units of Y
C) 5 units of X and 6 units of Y
D) 6 units of X and 5 units of Y
E) 7 units of X and 4 units of Y

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