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Question: The below figure shows the various combinations of the goods X and Y that yield different levels of utility. Figure 7.3 Quantity of Good Y 15 10 5 $150 $50 $400 $600 D $900 B In Figure 7.3, if the price of one unit of good X and one unit of good Y is $30 and $20, respectively, the consumer’s income is E C 10 20 Quantity of Good X 13
The below figure shows the various combinations of the goods X and Y that yield different levels of utility. Figure 7.3 Quantity of Good Y 15 10 5 $150 $50 $400 $600 D $900 B In Figure 7.3, if the price of one unit of good X and one unit of good Y is $30 and $20, respectively, the consumer’s income is E C 10 20 Quantity of Good X 13
