Use the figure below to answer the following questions. Figure 9.3.1
-Consider the budget line and indifference curve in Figure 9.3.1.If the price of good X is $2 a unit,what is the price of good Y?
A)$0.37 a unit
B)$0.67 a unit
C)$1.50 a unit
D)$2.67 a unit
E)impossible to calculate without additional information

Question

Use the figure below to answer the following questions.  Figure 9.3.1
-Consider the budget line and indifference curve in Figure 9.3.1.If the price of good X is $2 a unit,what is the price of good Y?
A)$0.37 a unit 
B)$0.67 a unit 
C)$1.50 a unit 
D)$2.67 a unit 
E)impossible to calculate without additional information

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following questions.  Figure 9.3.1
-Consider the budget line and indifference curve in Figure 9.3.1.If the price of good X is $2 a unit,what is the price of good Y?
A)$0.37 a unit 
B)$0.67 a unit 
C)$1.50 a unit 
D)$2.67 a unit 
E)impossible to calculate without additional information

Use the Figure Below to Answer the Following Questions