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. 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.
Correct Answer:

Verified
Correct Answer:
Verified
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