For questions assume that an individual consumes two goods X and Y. The total utility (assumed measurable) of each good is independent of the rate of consumption of other goods. The prices of X and Y are, respectively, $5 and $10.

$\begin{array}{lcc}
\text { Units of the Good } & \text { TotalUtility of } X & \text { Total Utility of } Y \
1 & 50 & 400 \
2 & 95 & 750 \
3 & 135 & 950 \
4 & 170 & 1100 \
5 & 200 & 1220 \
6 & 225 & 1320 \
7 & 245 & 1400 \
8 & 260 & 1450
\end{array}$
-If the consumer has $65 to spend on X and Y, the utility-maximizing bundle is
A) 3X and 5Y.
B) 4X and 4Y.
C) 5X and 2Y.
D) 1X and 6Y.
E) 2X and 7Y.

Question

For questions  assume that an individual consumes two goods X and Y. The total utility (assumed measurable) of each good is independent of the rate of consumption of other goods. The prices of X and Y are, respectively, $5 and $10.

$\begin{array}{lcc}
\text { Units of the Good } & \text { TotalUtility of } X & \text { Total Utility of } Y \
1 & 50 & 400 \
2 & 95 & 750 \
3 & 135 & 950 \
4 & 170 & 1100 \
5 & 200 & 1220 \
6 & 225 & 1320 \
7 & 245 & 1400 \
8 & 260 & 1450
\end{array}$
-If the consumer has $65 to spend on X and Y, the utility-maximizing bundle is
A) 3X and 5Y.
B) 4X and 4Y.
C) 5X and 2Y.
D) 1X and 6Y.
E) 2X and 7Y.

Quizplus · Accepted Answer

The Answer of For questions  assume that an individual consumes two goods X and Y. The total utility (assumed measurable) of each good is independent of the rate of consumption of other goods. The prices of X and Y are, respectively, $5 and $10.

$\begin{array}{lcc}
\text { Units of the Good } & \text { TotalUtility of } X & \text { Total Utility of } Y \
1 & 50 & 400 \
2 & 95 & 750 \
3 & 135 & 950 \
4 & 170 & 1100 \
5 & 200 & 1220 \
6 & 225 & 1320 \
7 & 245 & 1400 \
8 & 260 & 1450
\end{array}$
-If the consumer has $65 to spend on X and Y, the utility-maximizing bundle is
A) 3X and 5Y.
B) 4X and 4Y.
C) 5X and 2Y.
D) 1X and 6Y.
E) 2X and 7Y.

For Questions Assume That an Individual Consumes Two Goods