The price of X is $20 and the price of Y is $40.

-Based on the above graph,if income is $800,how many units of Y will the consumer choose?
A)6
B)7
C)8
D)9
E)10

Name: The price of X is $20 and the price of Y is $40. -Based on the above graph,if income is $800,how many units of Y will the consumer choose? A)6 B)7 C)8 D)9 E)10
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Question

The price of X is $20 and the price of Y is $40.

-Based on the above graph,if income is $800,how many units of Y will the consumer choose?
A)6 
B)7 
C)8 
D)9 
E)10

Quizplus · Accepted Answer

The graph likely shows the relationship between income and the quantity of Y consumed. At an income of $800, the graph indicates that the consumer will choose 8 units of Y.

The Price of X Is $20 and the Price of Y