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If the Prices of X and Y Are $2 and $4

Question 194

Multiple Choice

If the prices of X and Y are $2 and $4 per unit, respectively, and this consumer has $10 in income to spend, to maximize total utility, this consumer should buy A) 1 unit of X and 1 unit of Y. B) 2 units of X and 2 units of Y. C) 1 unit of X and 2 units of Y. D) 5 units of X and no units of Y. If the prices of X and Y are $2 and $4 per unit, respectively, and this consumer has $10 in income to spend, to maximize total utility, this consumer should buy


A) 1 unit of X and 1 unit of Y.
B) 2 units of X and 2 units of Y.
C) 1 unit of X and 2 units of Y.
D) 5 units of X and no units of Y.

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