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Use the Following to Answer Question

Question 62

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Use the following to answer question:
Figure 5.33 Use the following to answer question: Figure 5.33   -(Figure 5.33) The consumer has an income of $15 and the utility function U = 5X + 5Y. Before the price change the consumer will consume _____units of Y and _____units of X. After the change, she will consume _____units of Y and _____units of X.
-(Figure 5.33) The consumer has an income of $15 and the utility function U = 5X + 5Y. Before the price change the consumer will consume _____units of Y and _____units of X. After the change, she will consume _____units of Y and _____units of X.

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BC1 shows that the price of X is $1 ($15/1...

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