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

Question 104

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  FIGURE 6- 2 -Refer to Figure 6- 2. Suppose the price of X is $2, the price of Y is $1, and the consumer's income is $10. The consumer is currently buying 4 units of good X and 2 units of good Y. In order to maximize his utility, he 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)  make no changes -- he is already maximizing his total utility. FIGURE 6- 2
-Refer to Figure 6- 2. Suppose the price of X is $2, the price of Y is $1, and the consumer's income is
$10. The consumer is currently buying 4 units of good X and 2 units of good Y. In order to maximize his utility, he 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) make no changes -- he is already maximizing his total utility.

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