The Below Figure Shows the Various Combinations of the Goods

question 11

Multiple Choice

The below figure shows the various combinations of the goods X and Y that yield different levels of utility. Figure 6.3 Refer to Figure 6.3.What combinations of X and Y are attainable by the consumer?

• A)All combinations that lie on or above I₂
• B)All combinations that lie above I₁
• C)All combinations that lie below I₃
• D)All combinations that lie on or below the budget line.
• E)Only the combination of 10 units of good X and 15 units of good Y

---

Definitions:

Iconoclasm

The action of attacking or assertively rejecting cherished beliefs and institutions or established values and practices; also refers specifically to the historical periods when religious icons were destroyed or rejected.

Old Testament Harpist

An Old Testament Harpist refers to figures depicted in biblical stories and art from the Old Testament who play the harp, such as King David, symbolizing worship and divine inspiration.

Allegorical Figures

Characters or figures in art or literature that embody abstract ideas or principles, used to convey complex ideas through symbolic representation.

Justinianic Empire

Pertains to the Eastern Roman Empire under the reign of Emperor Justinian I, noted for its architectural, legal, and military achievements in the 6th century CE.