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Refer to the Given Graph

Question 127

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Refer to the given graph. Suppose you had tastes as described by the indifference curves above. If your income was $100, Pₓ = 20 and Pᵧ = 25, which combination of X and Y would maximize your utility? A) 5X and 0Y B) 0X and 4Y C) 3X and 1Y D) 5X and 4Y Refer to the given graph. Suppose you had tastes as described by the indifference curves above. If your income was $100, Pₓ = 20 and Pᵧ = 25, which combination of X and Y would maximize your utility?


A) 5X and 0Y
B) 0X and 4Y
C) 3X and 1Y
D) 5X and 4Y

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