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FIGURE 6- 2 -Refer to Figure 6- 2. Suppose That the Price of the Price

Question 118

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  FIGURE 6- 2 -Refer to Figure 6- 2. Suppose that the price of X is $2, the price of Y is $1, and the consumer's income is $10. The consumer is currently buying 3 units of good X and 4 units of good Y. In order to maximize his/her utility, the consumer should A)  buy the same amount of X but less Y. B)  buy more of X and less Y. C)  buy more of X but the same amount Y. D)  buy less of X and more Y. E)  not change his/her behaviour. FIGURE 6- 2
-Refer to Figure 6- 2. Suppose that the price of X is $2, the price of Y is $1, and the consumer's income is $10. The consumer is currently buying 3 units of good X and 4 units of good Y. In order to maximize his/her utility, the consumer should


A) buy the same amount of X but less Y.
B) buy more of X and less Y.
C) buy more of X but the same amount Y.
D) buy less of X and more Y.
E) not change his/her behaviour.

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