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The Figure Below Shows a Consumer Maximizing Utility at Two

Question 31

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 B 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 $4.50.At point B on indifference curve I,the MRS is _____ and _____ units of good X are purchased. A) 3/10; 5 B) 3/10; 6 C) 3/10; 8 D) 10/3; 5 E) 10/3; 6


A) 3/10; 5
B) 3/10; 6
C) 3/10; 8
D) 10/3; 5
E) 10/3; 6

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