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

question 70

Multiple Choice

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