The Figure Below Shows a Consumer Maximizing Utility at Two

question 89

Multiple Choice

The figure below shows a consumer maximizing utility at two different prices (the left panel) and the consumer's demand for good X at the same two prices of good X (the right panel) .The price of good Y is $14.The equation of the budget line passing through point r is _______________.

• A)Y = 800 - 4X
• B)Y = 900 - 4X
• C)Y = 800 - 5X
• D)Y = 900 - 5X

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