Multiple Choice
Exhibit 6-3 Marginal utility data for goods X and Y
As shown in Exhibit 6-3, assume that the price of both goods is $1 per total unit, and your budget is $8. If you consume 4 units of good X and 1 unit of good Y. To maximize utility, you should consume:
A) less of both X and Y.
B) more of X and less of Y.
C) less of X and more of Y.
D) more of both X and Y.
Correct Answer:

Verified
Correct Answer:
Verified
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