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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
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    Refer to the Graph
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Refer to the Graph

Question 219

Question 219

Multiple Choice

  Refer to the graph. Suppose you had tastes as described by the indifference curves above. If your income was $90, Pₓ = 30, and Pᵧ = 10, which combination of X and Y would maximize your utility? A) 3X and 0Y B) 0X and 9Y C) 3X and 9Y D) 1X and 6Y Refer to the graph. Suppose you had tastes as described by the indifference curves above. If your income was $90, Pₓ = 30, and Pᵧ = 10, which combination of X and Y would maximize your utility?


A) 3X and 0Y
B) 0X and 9Y
C) 3X and 9Y
D) 1X and 6Y

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