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Exhibit 6A-3 Consumer Equilibrium

Question 15

Multiple Choice

Exhibit 6A-3 Consumer equilibrium
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Exhibit 6A-3 Consumer equilibrium ​ Given the budget line and indifference curves shown in Exhibit 6A-3, assume the consumer is initially at point W. To maximize total utility, the consumer should: A) purchase more of good Y and less of good X. B) remain at point W. C) move to point X and then point Y. D) purchase more of good X and less of good Y.
Given the budget line and indifference curves shown in Exhibit 6A-3, assume the consumer is initially at point W. To maximize total utility, the consumer should:


A) purchase more of good Y and less of good X.
B) remain at point W.
C) move to point X and then point Y.
D) purchase more of good X and less of good Y.

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