Multiple Choice
Refer to the following indifference map for a consumer who has an income of $48 to spend on goods X and Y and the market prices of X and Y are both equal to $4:
-In order to maximize utility subject to her budget constraint, this consumer should buy how many units of good X?
A) 0
B) 4
C) 6
D) 8
E) 12
Correct Answer:

Verified
Correct Answer:
Verified
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