The table shows the total utility data for products X and Y. Assume that the prices of X and Y are $3 and $4, respectively, and that consumer income is $18. Which of the following price-quantity schedules would represent the demand for X in the $2 and $3 price range?

A)option A
B)option B
C)option C
D)option D

Question

The table shows the total utility data for products X and Y. Assume that the prices of X and Y are $3 and $4, respectively, and that consumer income is $18.

Which of the following price-quantity schedules would represent the demand for X in the $2 and $3 price range?
The table shows the total utility data for products X and Y. Assume that the prices of X and Y are $3 and $4, respectively, and that consumer income is $18. Which of the following price-quantity schedules would represent the demand for X in the $2 and $3 price range? A) option A B) option B C) option C D) option D

A)option A 
B)option B 
C)option C 
D)option D

Quizplus · Accepted Answer

The Answer of The table shows the total utility data for products X and Y. Assume that the prices of X and Y are $3 and $4, respectively, and that consumer income is $18.  Which of the following price-quantity schedules would represent the demand for X in the $2 and $3 price range?

A)option A 
B)option B 
C)option C 
D)option D

The Table Shows the Total Utility Data for Products X