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The Below Figure Shows the Various Combinations of the Goods

Question 47

Multiple Choice

The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3
The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3    -In Figure 7.3, if the price of one unit of good X and one unit of good Y is $30 and $20, respectively, the consumer's income is _____. A) $50 B) $150 C) $400 D) $600 E) $900
-In Figure 7.3, if the price of one unit of good X and one unit of good Y is $30 and $20, respectively, the consumer's income is _____.


A) $50
B) $150
C) $400
D) $600
E) $900

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