Multiple Choice
Use the following to answer questions:
-(Table: Consumer Equilibrium) Look at the table Consumer Equilibrium. Assume that the price of good X is $5 per unit, the price of good Y is $1 per unit, and you have $10 to spend on both goods. To maximize utility, you would consume _____ unit(s) of X and _____ unit(s) of Y.
A) no; 1
B) 1; 5
C) 4; 6
D) 5; 5
Correct Answer:

Verified
Correct Answer:
Verified
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