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Question 347

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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 the price of good X is $2 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 _____ units of X and _____ units of Y. A)  3; 4 B)  2; 3 C)  2; 6 D)  5; no
-(Table: Consumer Equilibrium) Look at the table Consumer Equilibrium. Assume that the price of good X is $2 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 _____ units of X and _____ units of Y.


A) 3; 4
B) 2; 3
C) 2; 6
D) 5; no

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