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The Price of X Is $20 and the Price of Y

Question 48

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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,at point B, A) if the consumer obtains one more unit of Y,½ unit of X must be foregone in order to keep utility unchanged. B) if the consumer obtains one more unit of X,two units of Y must be foregone in order to keep utility unchanged. C) the marginal rate of substitution is ½. D) both a and c E) all of the above
-Based on the above graph,at point B,


A) if the consumer obtains one more unit of Y,½ unit of X must be foregone in order to keep utility unchanged.
B) if the consumer obtains one more unit of X,two units of Y must be foregone in order to keep utility unchanged.
C) the marginal rate of substitution is ½.
D) both a and c
E) all of the above

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