Use the Following for Questions 61-69

question 24

Multiple Choice

Use the following for questions 61-69.

-(Exhibit: Consumer Equilibrium 1) Assume that the price of both goods is $1 per unit, and you consume 4 units of good X and 2 units of good Y.To maximize utility, assuming that the goods are divisible, you would consume:

• A) less of X and more of Y.
• B) more of both X and Y.
• C) less of both X and Y.
• D) more of X and less of Y.

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Definitions:

Cohabitation

Living together in a sexually intimate relationship without the legal bonds of marriage.

Monogamous Relationships

Partnerships in which individuals commit to having a romantic or sexual relationship with only one person at a time.

Arranged Marriage

A marriage where partners are selected by individuals other than the ones getting married, often involving family members or marriage brokers.

Divorced

The legal termination of a marriage by a court or other competent body, ending the marital relationship and dissolving the bonds of matrimony between the parties.