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Question 236

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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 $7 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
-(Table: Consumer Equilibrium) Look at the table Consumer Equilibrium. Assume that goods X and Y both cost $1 per unit and you have $7 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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