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

Question 38

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  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. 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.

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