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Use the Indifference Curves and the Budget Lines in Figure

question 134

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Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.If the price per unit of good X is $3,the consumer would maximize utility by consuming Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.If the price per unit of good X is $3,the consumer would maximize utility by consuming   A) 30 units of Y. B) 21 units of Y. C) 10 units of Y. D) 25 units of Y.


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