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The Figure Below Shows a Consumer Maximizing Utility at Two

Question 36

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 $4.50.At point R on the demand curve for X,the price of X 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 $4.50.At point R on the demand curve for X,the price of X is $____. A) $8 B) $10 C) $12.50 D) $14 E) $15


A) $8
B) $10
C) $12.50
D) $14
E) $15

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