FIGURE 6-2 -Refer to Figure 6-2.Suppose the Price of Y Is $1

question 106

Multiple Choice

FIGURE 6-2
-Refer to Figure 6-2.Suppose the price of Y is $1 and the consumer's income is $10.Initially,the price of X is $2 and the consumer is buying 3 units of good X and 4 units of good Y.If the price of X then falls to $1,what quantities of X and Y will he/she now purchase in order to maximize total utility?

• A)2 X and 8 Y.
• B)3 X and 7 Y.
• C)4 X and 6 Y.
• D)5 X and 5 Y.
• E)6 X and 4 Y.

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Definitions:

Clitellum

A thickened, glandular section of the body found in certain worms, like earthworms, important for reproduction.

Cocoon

A protective casing spun by the larvae of many insects (like moths and butterflies) and some other animals, where they undergo metamorphosis into their adult forms.

Clams

Aquatic bivalve mollusks known for their soft bodies enclosed within a hinged shell, often consumed as seafood or used in research.

Filter-Feeders

Organisms that feed by straining suspended matter and food particles from water, commonly found in aquatic environments.