(Table: Consumer Equilibrium) Look at the table Consumer Equilibrium.Assume that the price of good X is $2 per unit and the price of good Y is $1 per unit and you consume 3 units of good X and 3 units of good Y.To maximize utility, assuming that the goods are divisible, you would consume:
A.less of both X and Y.
B.more of both X and Y.
C.less of X and more of Y.
D.more of X and less of Y.

Question

(Table: Consumer Equilibrium) Look at the table Consumer Equilibrium.Assume that the price of good X is $2 per unit and the price of good Y is $1 per unit and you consume 3 units of good X and 3 units of good Y.To maximize utility, assuming that the goods are divisible, you would consume: 
A.less of both X and Y.
B.more of both X and Y.
C.less of X and more of Y.
D.more of X and less of Y.

Quizplus · Accepted Answer

The Answer of   (Table: Consumer Equilibrium) Look at the table Consumer Equilibrium.Assume that the price of good X is $2 per unit and the price of good Y is $1 per unit and you consume 3 units of good X and 3 units of good Y.To maximize utility, assuming that the goods are divisible, you would consume: 
A.less of both X and Y.
B.more of both X and Y.
C.less of X and more of Y.
D.more of X and less of Y.

(Table: Consumer Equilibrium) Look at the Table Consumer Equilibrium