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    Business
  3. Study Set
    Microeconomics Study Set 12
  4. Exam
    Exam 4: Consumer Choice
  5. Question
    Suppose That MU<sub>x</sub> = 10 and MU<sub>y</sub> = 20
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Suppose That MUx = 10 and MUy = 20

Question 20

Question 20

Multiple Choice

Suppose that MUx = 10 and MUy = 20.Further suppose that the consumer's budget constraint can be expressed as 20x + 10y = 400.For this consumer,the optimal amount of good Suppose that MU<sub>x</sub> = 10 and MU<sub>y</sub> = 20.Further suppose that the consumer's budget constraint can be expressed as 20x + 10y = 400.For this consumer,the optimal amount of good   to buy would be A)  5. B)  0. C)  20. D)  40. to buy would be


A) 5.
B) 0.
C) 20.
D) 40.

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