(Table: Consumer Equilibrium) Look at the Table Consumer Equilibrium

question 253

Essay

(Table: Consumer Equilibrium) Look at the table Consumer Equilibrium.Assume that the price of both goods is
$1 per unit and you consume 4 units of good X and 2 units of good Y.To maximize utility, assuming that the goods are divisible, you would consume:
A.less of X and more of Y.
B.more of both X and Y
C.ess of both X and Y.
D.more of X and less of Y