-Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.If the price per unit of good X is $1,the consumer would maximize utility by consuming
A)25 units of Y.
B)21 units of Y.
C)15 units of Y.

Question

-Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.If the price per unit of good X is $1,the consumer would maximize utility by consuming
A)25 units of Y. 
B)21 units of Y. 
C)15 units of Y.

Quizplus · Accepted Answer

The Answer of  
-Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.If the price per unit of good X is $1,the consumer would maximize utility by consuming
A)25 units of Y. 
B)21 units of Y. 
C)15 units of Y.

-Use the Indifference Curves and the Budget Lines in Figure