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Benoit's Preferences Are Given by the Utility Function U(x,y)= 10x

Question 18

Multiple Choice

Benoit's preferences are given by the utility function U(x,y) = 10x + 5y. He consumes 10 units of good x and 9 units of good y. If he consumes only one unit of x, how many units of y must he consume in order to be as well off as before?


A) 10
B) 27
C) 18
D) 30

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