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In the Following Graph the Price of Y Is $50

Question 80

Multiple Choice

In the following graph the price of Y is $50.At point A, In the following graph the price of Y is $50.At point A, A) the consumer can exchange two units of X for one unit of Y and keep utility unchanged. B) the consumer can exchange two units of X for one unit of Y and keep income unchanged. C) the consumer receives twice as much marginal utility from X as from Y. D) both a and b E) all of the above


A) the consumer can exchange two units of X for one unit of Y and keep utility unchanged.
B) the consumer can exchange two units of X for one unit of Y and keep income unchanged.
C) the consumer receives twice as much marginal utility from X as from Y.
D) both a and b
E) all of the above

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