Use the Following for Questions 61-69

question 236

Multiple Choice

Use the following for questions 61-69.

-(Exhibit: Consumer Equilibrium 1) Assume that the price of good X is $5 per unit, the price of good Y is $1 per unit, and you have $10 of income to spend on both goods.To maximize utility, you would consume _______ units of X and _______ units of Y.

• A) 0; 1
• B) 1; 5
• C) 4; 6
• D) 5; 5

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Definitions:

Right-Brainedness

The theory that people are either left or right-brain dominant, where right-brained individuals are thought to be more creative and intuitive.

Left-Brainedness

A popularized concept suggesting that people who are "left-brained" are more logical, analytical, and objective, while "right-brained" individuals are more intuitive, thoughtful, and subjective.

Human Thought

The capacity of the mind to process information, reason, remember, and relate objects and situations symbolically.

Creativity

The use of imagination or original ideas to create something; inventiveness.