The figure below shows a consumer maximizing utility at two different prices (the left panel)and the consumer's demand for good X at the same two prices of good X (the right panel).The price of good Y is $4.50.At point B on indifference curve I,the MRS is _____ and _____ units of good X are purchased.
A)3/10; 5
B)3/10; 6
C)3/10; 8
D)10/3; 5
E)10/3; 6

Question

The figure below shows a consumer maximizing utility at two different prices (the left panel)and the consumer's demand for good X at the same two prices of good X (the right panel).The price of good Y is $4.50.At point B on indifference curve I,the MRS is _____ and _____ units of good X are purchased. 
A)3/10; 5 
B)3/10; 6 
C)3/10; 8 
D)10/3; 5 
E)10/3; 6

Quizplus · Accepted Answer

The Answer of The figure below shows a consumer maximizing utility at two different prices (the left panel)and the consumer's demand for good X at the same two prices of good X (the right panel).The price of good Y is $4.50.At point B on indifference curve I,the MRS is _____ and _____ units of good X are purchased. 
A)3/10; 5 
B)3/10; 6 
C)3/10; 8 
D)10/3; 5 
E)10/3; 6

The Figure Below Shows a Consumer Maximizing Utility at Two