Multiple Choice
-Refer to the above table. If the price of Good A is $2, the price of Good B is $1, and the consumer has $9, the rational consumer will purchase
A) 6 units of Good A and 0 units of Good B.
B) 6 units of Good A and 3 units of Good B.
C) 2 units of Good A and 5 units of Good B.
D) 5 units of Good A and 6 units of Good B.
Correct Answer:

Verified
Correct Answer:
Verified
Q447: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q448: Discuss the substitution and real-income effects of
Q449: What is the marginal rate of substitution
Q450: A consumer optimum is characterized by<br>A) the
Q451: The total utility of consuming 6 units
Q453: What is the principle of diminishing marginal
Q454: The rate of change in total utility
Q455: The want-satisfying power of a good or
Q456: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q457: Marginal utility can be thought of as<br>A)