Answer the Question Based on the Table Below Showing the Marginal

question 179

Multiple Choice

Answer the question based on the table below showing the marginal utility schedules for product X and product Y for a hypothetical consumer. The price of product X is $4, and the price of product Y is $2. The income of the consumer is $30.
What would be the utility-maximizing combination of products X and Y that could be purchased with $30?

• A) 3X and 3Y
• B) 4X and 4Y
• C) 5X and 4Y
• D) 5X and 5Y

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Definitions:

Proteoglycan

Large molecules found in the extracellular matrix of connective tissues, consisting of a protein core and glycosaminoglycan chains; important for tissue hydration and elasticity.

Traps Water

Refers to materials or structures that are capable of retaining water or moisture.

Cartilage

A firm, flexible connective tissue found in various parts of the body, such as joints, ears, and nose, providing support and allowing for smooth movement.

Chondrocytes

Specialized cells found within cartilage that help maintain its structure and function.