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A Consumer Has the Indifference Map Shown Below

Question 91

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A consumer has the indifference map shown below.The market prices of X and Y are $20 and $12,respectively.The consumer has $1,000 to spend on goods X and Y.For the utility-maximizing bundle,the marginal rate of substitution is ____________________ the slope of the budget line (in absolute value) ,and the ratio MU/P for good X is ____________ the ratio MU/P for good Y. A consumer has the indifference map shown below.The market prices of X and Y are $20 and $12,respectively.The consumer has $1,000 to spend on goods X and Y.For the utility-maximizing bundle,the marginal rate of substitution is ____________________ the slope of the budget line (in absolute value) ,and the ratio MU/P for good X is ____________ the ratio MU/P for good Y.   A) greater than; greater than B) greater than; less than C) less than; greater than D) less than; less than E) equal to; equal to


A) greater than; greater than
B) greater than; less than
C) less than; greater than
D) less than; less than
E) equal to; equal to

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