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The Figure Below Shows a Consumer Maximizing Utility at Two

Question 33

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.At point r on indifference curve I,the MRS is _____ and _____ units of good X are purchased. 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.At point r on indifference curve I,the MRS is _____ and _____ units of good X are purchased. A) 2; 40 B) 2; 45 C) 4; 40 D) 4; 45 E) 5; 45


A) 2; 40
B) 2; 45
C) 4; 40
D) 4; 45
E) 5; 45

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