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Use the Indifference Curves and the Budget Lines in Figure

Question 2

Multiple Choice

Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.If the price per unit of good X is $3, the consumer would maximize utility at point A) B. B) C. C) D. D) E. Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.If the price per unit of good X is $3, the consumer would maximize utility at point


A) B.
B) C.
C) D.
D) E.

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