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Suppose That the Utility Function for Two Goods X and Y

Question 1

Multiple Choice

Suppose that the utility function for two goods X and Y is given by Suppose that the utility function for two goods X and Y is given by , and a consumer purchases 2 units of X and 6 units of Y. If the consumer purchases 2 units of Y, how many units of X must be purchased to retain the same level of utility? ​ A) B) C) D) E) , and a consumer purchases 2 units of X and 6 units of Y. If the consumer purchases 2 units of Y, how many units of X must be purchased to retain the same level of utility? ​


A) Suppose that the utility function for two goods X and Y is given by , and a consumer purchases 2 units of X and 6 units of Y. If the consumer purchases 2 units of Y, how many units of X must be purchased to retain the same level of utility? ​ A) B) C) D) E)
B) Suppose that the utility function for two goods X and Y is given by , and a consumer purchases 2 units of X and 6 units of Y. If the consumer purchases 2 units of Y, how many units of X must be purchased to retain the same level of utility? ​ A) B) C) D) E)
C) Suppose that the utility function for two goods X and Y is given by , and a consumer purchases 2 units of X and 6 units of Y. If the consumer purchases 2 units of Y, how many units of X must be purchased to retain the same level of utility? ​ A) B) C) D) E)
D) Suppose that the utility function for two goods X and Y is given by , and a consumer purchases 2 units of X and 6 units of Y. If the consumer purchases 2 units of Y, how many units of X must be purchased to retain the same level of utility? ​ A) B) C) D) E)
E) Suppose that the utility function for two goods X and Y is given by , and a consumer purchases 2 units of X and 6 units of Y. If the consumer purchases 2 units of Y, how many units of X must be purchased to retain the same level of utility? ​ A) B) C) D) E)

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