In the following graph the price of Y is $15.At point B,
A)the consumer can exchange one unit of X for one unit of Y and keep income unchanged.
B)the marginal rate of substitution of X for Y is greater than it is at point A.
C)the consumer's utility is greater than it is at point A.
D)both a and b
E)all of the above

Question

In the following graph the price of Y is $15.At point B, 
A)the consumer can exchange one unit of X for one unit of Y and keep income unchanged. 
B)the marginal rate of substitution of X for Y is greater than it is at point A. 
C)the consumer's utility is greater than it is at point A. 
D)both a and b 
E)all of the above

Quizplus · Accepted Answer

The Answer of In the following graph the price of Y is $15.At point B, 
A)the consumer can exchange one unit of X for one unit of Y and keep income unchanged. 
B)the marginal rate of substitution of X for Y is greater than it is at point A. 
C)the consumer's utility is greater than it is at point A. 
D)both a and b 
E)all of the above

In the Following Graph the Price of Y Is $15