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The Figure Below Shows a Consumer Maximizing Utility at Two

Question 89

Multiple Choice

The figure below shows a consumer maximizing utility at two different prices (the left panel) and the consumer's demand for good X at the same two prices of good X (the right panel) .The price of good Y is $14.The equation of the budget line passing through point r is _______________. The figure below shows a consumer maximizing utility at two different prices (the left panel) and the consumer's demand for good X at the same two prices of good X (the right panel) .The price of good Y is $14.The equation of the budget line passing through point r is _______________. A) Y = 800 - 4X B) Y = 900 - 4X C) Y = 800 - 5X D) Y = 900 - 5X


A) Y = 800 - 4X
B) Y = 900 - 4X
C) Y = 800 - 5X
D) Y = 900 - 5X

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