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Answer the Question Based on the Table Below Showing the Marginal

Question 68

Multiple Choice

Answer the question based on the table below showing the marginal utility schedules for product X and product Y for a hypothetical consumer. The price of product X is $4, and the price of product Y is $2. The income of the consumer is $20. Answer the question based on the table below showing the marginal utility schedules for product X and product Y for a hypothetical consumer. The price of product X is $4, and the price of product Y is $2. The income of the consumer is $20. When the consumer purchases the utility-maximizing combination of product X and product Y, total utility will be A) 72. B) 84. C) 136. D) 156. When the consumer purchases the utility-maximizing combination of product X and product Y, total utility will be


A) 72.
B) 84.
C) 136.
D) 156.

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