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Kate's Money Income Is $350,the Price of X Is $4,and

Question 154

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Kate's money income is $350,the price of X is $4,and the price of Y is $6.Given these prices and income,Kate buys 50 units of X and 25 units of Y.Call this combination of X and Y bundle J.At bundle J,Kate's MRS is 3.At bundle J,if Kate increases consumption of Y by 1 unit,how many units of X can she give up and still reach the same level of utility?


A) 1
B) 1/3
C) 3
D) 2/3

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