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    Refer to the Following Indifference Map for a Consumer Who
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Refer to the Following Indifference Map for a Consumer Who

Question 63

Question 63

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:
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
-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

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