Refer to the graph. Suppose you had tastes as described by the indifference curves above. If your income was $90, Pₓ = 30, and Pᵧ = 10, which combination of X and Y would maximize your utility?
A)3X and 0Y
B)0X and 9Y
C)3X and 9Y
D)1X and 6Y

Question

Refer to the graph. Suppose you had tastes as described by the indifference curves above. If your income was $90, Pₓ = 30, and Pᵧ = 10, which combination of X and Y would maximize your utility?
A)3X and 0Y 
B)0X and 9Y 
C)3X and 9Y 
D)1X and 6Y

Quizplus · Accepted Answer

The Answer of  Refer to the graph. Suppose you had tastes as described by the indifference curves above. If your income was $90, Pₓ = 30, and Pᵧ = 10, which combination of X and Y would maximize your utility?
A)3X and 0Y 
B)0X and 9Y 
C)3X and 9Y 
D)1X and 6Y

Refer to the Graph