The below figure shows the various combinations of the goods X and Y that yield different levels of utility. Figure 6.3 
In Figure 6.3, if the price of one unit of good X and good Y is $30 and $20, respectively, the consumer's income is _____.
Definitions:
Corn Output
Corn Output refers to the total production volume of corn within a specific area or by a particular entity during a given period.
Nash Equilibrium
A concept in game theory where no player can benefit by changing strategies if the other players keep their strategies unchanged.
Ajinomoto
A Japanese multinational company known for producing MSG (monosodium glutamate), a flavor enhancer used in cooking.
Dominant Strategy
In game theory, a strategy that yields the highest payoff for a player, regardless of what strategies other players choose.
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