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    Exam 5: Theory of Consumer Behavior
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    The Price of X Is $20 and the Price of Y
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The Price of X Is $20 and the Price of Y

Question 66

Question 66

Multiple Choice

The price of X is $20 and the price of Y is $40.
The price of X is $20 and the price of Y is $40.   -Based on the above graph,if U<sub>1</sub> is the highest level of utility the consumer can achieve,what is the consumer's income? A) $ 480 B) $ 600 C) $ 800 D) $1,200 E) none of the above
-Based on the above graph,if U1 is the highest level of utility the consumer can achieve,what is the consumer's income?


A) $ 480
B) $ 600
C) $ 800
D) $1,200
E) none of the above

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