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FIGURE 6-2 -Refer to Figure 6-2.Suppose That the Price of X Is

Question 101

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  FIGURE 6-2 -Refer to Figure 6-2.Suppose that the price of X is $2,the price of Y is $1,the consumer's income is $10,and the consumer is buying 3 units of good X and 4 units of good Y.What is the total utility the consumer obtains from this combination of X and Y? A) 18 B) 30 C) 40 D) 60 E) 72 FIGURE 6-2
-Refer to Figure 6-2.Suppose that the price of X is $2,the price of Y is $1,the consumer's income is $10,and the consumer is buying 3 units of good X and 4 units of good Y.What is the total utility the consumer obtains from this combination of X and Y?


A) 18
B) 30
C) 40
D) 60
E) 72

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