Multiple Choice
Use the following to answer questions :
Table 5-1
-Refer to Table 5-1.If good X costs $6 per unit and good Y costs $5 per unit, at what quantities of X and Y is utility maximized if the budget is $33?
A) X = 2, Y = 3
B) X = 4, Y = 5
C) X = 3, Y = 4
D) X = 3, Y = 3
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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