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Refer to the Data for a Utility-Maximizing Consumer Whose Income

Question 41

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Refer to the data for a utility-maximizing consumer whose income = $4. Assume that new product Z doesn't exist. How many units of X and Y will this consumer buy, given his or her $4 budget? A) 1 of X and 3 of Y B) 3 of X and 1 of Y C) 2 of X and 2 of Y D) 0 of X and 4 of Y Refer to the data for a utility-maximizing consumer whose income = $4. Assume that new product Z doesn't exist. How many units of X and Y will this consumer buy, given his or her $4 budget?


A) 1 of X and 3 of Y
B) 3 of X and 1 of Y
C) 2 of X and 2 of Y
D) 0 of X and 4 of Y

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