Exhibit 5A-1
-Refer to Exhibit 5A-1. If income for this individual is $120 and the individual is consuming at point B, the price of X is ____ and the price of Y is ____.
A)$2.40; $1.20
B)$1.20; $2.00
C)$2.40; $2.00
D)$2.00; $2.40
E)$1.20; $2.40

Question

Exhibit 5A-1 
-Refer to Exhibit 5A-1. If income for this individual is $120 and the individual is consuming at point B, the price of X is ____ and the price of Y is ____.
A)$2.40; $1.20 
B)$1.20; $2.00 
C)$2.40; $2.00 
D)$2.00; $2.40 
E)$1.20; $2.40

Quizplus · Accepted Answer

The Answer of Exhibit 5A-1 
-Refer to Exhibit 5A-1. If income for this individual is $120 and the individual is consuming at point B, the price of X is ____ and the price of Y is ____.
A)$2.40; $1.20 
B)$1.20; $2.00 
C)$2.40; $2.00 
D)$2.00; $2.40 
E)$1.20; $2.40

Exhibit 5A-1 -Refer to Exhibit 5A-1. If Income for This Individual Is