Multiple Choice
FIGURE 6- 2
-Refer to Figure 6- 2. Suppose the price of Y is $1, the consumer's income is $10, and the consumer is currently buying 3 units of good X and 4 units of good Y. If this consumer is maximizing her utility, then the price of X must be
A) $1.
B) $2.
C) $3.
D) $4.
E) impossible to tell with the given information.
Correct Answer:

Verified
Correct Answer:
Verified
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