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Use the Following for Questions 61-69

Question 244

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Use the following for questions 61-69.
Use the following for questions 61-69. -(Exhibit: Consumer Equilibrium 1) Assume that the price of both goods X and Y is $1 per unit, and you have $7 of income to spend on both goods.To maximize utility, you would consume ________ units of X and _______ units of Y. A) 2; 5 B) 3; 4 C) 4; 3 D) 5; 2 Use the following for questions 61-69. -(Exhibit: Consumer Equilibrium 1) Assume that the price of both goods X and Y is $1 per unit, and you have $7 of income to spend on both goods.To maximize utility, you would consume ________ units of X and _______ units of Y. A) 2; 5 B) 3; 4 C) 4; 3 D) 5; 2
-(Exhibit: Consumer Equilibrium 1) Assume that the price of both goods X and Y is $1 per unit, and you have $7 of income to spend on both goods.To maximize utility, you would consume ________ units of X and _______ units of Y.


A) 2; 5
B) 3; 4
C) 4; 3
D) 5; 2

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