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Assume That an Individual Consumes Two Goods,X and Y Given the Above,if the Consumer Has $110 to Spend on Utility

Question 13

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Assume that an individual consumes two goods,X and Y.The total utility (assumed measurable) of each good is independent of the rate of consumption of other goods.The prices of X and Y are,respectively,$5 and $10.  Units of the GOOd12345678 Total Utility of X5095135170200225245160 Total Utility of y40075095011001220132014001450\begin{array}{c}\begin{array}{l}\text { Units of the GOOd} \\1\\2 \\3 \\4 \\5 \\6 \\7\\8\end{array}\begin{array}{l}\text { Total Utility of } X\\50 \\95 \\135 \\170 \\200 \\225 \\245\\160\end{array}\begin{array}{l}\text { Total Utility of } y\\400 \\750 \\950 \\1100 \\1220 \\1320 \\1400 \\1450 \end{array}\end{array}
Given the above,if the consumer has $110 to spend on X and Y,which combination will the consumer choose?


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

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