Use the following to answer question:
-(Table: Consumer Equilibrium)Use Table: Consumer Equilibrium.Assume that goods X and Y both cost $1 per unit and you have $4 to spend on both goods.To maximize utility,you would consume _____ unit(s)of X and _____ unit(s)of Y.
A)0;4
B)1;3
C)2;2
D)3;1

Question

Use the following to answer question: 
-(Table: Consumer Equilibrium)Use Table: Consumer Equilibrium.Assume that goods X and Y both cost $1 per unit and you have $4 to spend on both goods.To maximize utility,you would consume _____ unit(s)of X and _____ unit(s)of Y.
A)0;4 
B)1;3 
C)2;2 
D)3;1

Quizplus · Accepted Answer

The Answer of Use the following to answer question: 
-(Table: Consumer Equilibrium)Use Table: Consumer Equilibrium.Assume that goods X and Y both cost $1 per unit and you have $4 to spend on both goods.To maximize utility,you would consume _____ unit(s)of X and _____ unit(s)of Y.
A)0;4 
B)1;3 
C)2;2 
D)3;1

Use the Following to Answer Question