Figure 21-25 The Figure Pertains to a Particular Consumer. on the Axes

question 216

Multiple Choice

Figure 21-25
The figure pertains to a particular consumer. On the axes, X represents the quantity of good X and Y represents the quantity of good Y.
-Refer to Figure 21-25. Suppose the price of good X is $15, the price of good Y is $10, and the consumer's income is $450. Then the consumer's optimal choice is represented by a point on which curve?

• A) I1
• B) I2
• C) I3
• D) I4

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