Use the Following for Questions 61-69

question 242

Multiple Choice

Use the following for questions 61-69.

-(Exhibit: Consumer Equilibrium 1) Assume that the price of good X is $2 per unit and the price of good Y is $1 per unit, and you consume 3 units of good X and 3 units of good Y.To maximize utility, assuming that the goods are divisible, you would consume:

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