FIGURE 6- 2

question 11

Multiple Choice

FIGURE 6- 2
-Refer to Figure 6- 2.Suppose the price of X is $2,the price of Y is $1,and the consumer's income is $10.The consumer is currently buying 4 units of good X and 2 units of good Y.In order to maximize his utility,he should

• A)buy the same amount of X but less Y.
• B)make no changes-he is already maximizing his total utility.
• C)buy less of X and more Y.
• D)buy more of X but the same amount Y.
• E)buy more of X and less Y.

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Definitions:

Soluble

The ability of a substance to dissolve in a solvent, forming a solution.

Equilibrium

A state in which opposing forces or influences are balanced, often used in chemical contexts to describe reactions.

Aerobic Respiration

The process by which cells use oxygen to break down glucose and produce ATP, involving the Krebs cycle and electron transport chain.

Pyruvate

An important organic acid in biochemistry, serving as an end product of glycolysis and a substrate for the citric acid cycle.