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Question 115

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Use the following to answer question: Use the following to answer question: -(Table: Consumer Equilibrium) Use Table: Consumer Equilibrium.Assume that goods X and Y both cost $1 per unit and you have $4 to spend on both goods.To maximize utility,you would consume _____ unit(s) of X and _____ unit(s) of Y. A) 0;4 B) 1;3 C) 2;2 D) 3;1
-(Table: Consumer Equilibrium) Use Table: Consumer Equilibrium.Assume that goods X and Y both cost $1 per unit and you have $4 to spend on both goods.To maximize utility,you would consume _____ unit(s) of X and _____ unit(s) of Y.


A) 0;4
B) 1;3
C) 2;2
D) 3;1

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