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Question 186

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Use the following to answer questions: Use the following to answer questions: -(Table: Consumer Equilibrium) Look at the table Consumer Equilibrium. Assume that goods X and Y both cost $1 per unit and you have $4 to spend on both goods. To maximize utility, you would consume _____ unit(s) of X and _____ unit(s) of Y. A) no; 4 B) 1; 3 C) 2; 2 D) 3; 1
-(Table: Consumer Equilibrium) Look at the table Consumer Equilibrium. Assume that goods X and Y both cost $1 per unit and you have $4 to spend on both goods. To maximize utility, you would consume _____ unit(s) of X and _____ unit(s) of Y.


A) no; 4
B) 1; 3
C) 2; 2
D) 3; 1

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