Murphy Used to Consume 100 Units of X and 50

question 33

Multiple Choice

Murphy used to consume 100 units of X and 50 units of Y when the price of X was $2 and the price of Y was $4.If the price of X rose to $4 and the price of Y rose to $7, how much would Murphy's income have to rise so that he could still afford his original bundle?

• A)$500
• B)$750
• C)$350
• D)$250
• E)None of the above.

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Definitions:

Employers

Individuals or organizations that hire and pay people to work for them.

Communication Medium

The form in which a message is presented; the three primary categories of media are oral, written, and visual.

Potential Distractions

Elements or factors that can divert attention away from the task at hand, reducing focus and productivity.

Audience Preference

The tastes, interests, and behaviors that characterize a particular group of people an author or speaker aims to reach.