Solved

(Figure: Good Y and Good X VI) Which Set of Points

Question 121

Multiple Choice

(Figure: Good Y and Good X VI) Which set of points (Good X, Good Y) is consistent with the income expansion path? (Figure: Good Y and Good X VI)  Which set of points (Good X, Good Y)  is consistent with the income expansion path?   A)  (0,0) , (2,2) , (5,3) , (7,5) , and (8,8)  B)  (0,0) , (0,4) , (0,8) , (0,12) , and (0,16)  C)  (0,0) , (4,0) , (8,0) , (12,0) , and (16,0)  D)  (0,0) , (4,4) , (8,8) , (12,12) , and (16,16)


A) (0,0) , (2,2) , (5,3) , (7,5) , and (8,8)
B) (0,0) , (0,4) , (0,8) , (0,12) , and (0,16)
C) (0,0) , (4,0) , (8,0) , (12,0) , and (16,0)
D) (0,0) , (4,4) , (8,8) , (12,12) , and (16,16)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions