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    Exam 7: Utility Maximization
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    If a Consumer Has an Income of $200, the Price
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If a Consumer Has an Income of $200, the Price

Question 173

Question 173

Multiple Choice

If a consumer has an income of $200, the price of X is $5, and the price of Y is $10, what is the maximum quantity of X the consumer is able to purchase?


A) 5
B) 10
C) 20
D) 40

Correct Answer:

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