What Is the Maximum Amount of Good X That Can

question 13

Multiple Choice

What is the maximum amount of good X that can be purchased if X and Y are the only two goods available for purchase and P_x = $10,P_y = $20,Y = 5,and M = 400?

• A) 80
• B) 20
• C) 40
• D) 30

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Definitions:

Hockey

A team sport played on ice or a field, where players use sticks to hit a puck or ball into the opponent’s goal.

Zamboni

A brand of ice resurfacer used to clean and smooth the surface of an ice rink.

Fans

Supporters or admirers of a particular person, team, or form of entertainment.

Vacuums

Devices that use suction to remove dirt and dust, typically from floors and other surfaces.