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The Price of Y Is $10

Question 54

Multiple Choice


The price of Y is $10. -If the price of X is $5, what combination of X and Y will a utility-maximizing consumer choose? A) 80X, 20Y B) 120X, 620Y C) 120X, 250Y D) 200X, 620Y E) none of the above
The price of Y is $10.
-If the price of X is $5, what combination of X and Y will a utility-maximizing consumer choose?


A) 80X, 20Y
B) 120X, 620Y
C) 120X, 250Y
D) 200X, 620Y
E) none of the above

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