1| '4' C '44 sub 4.' 2 mo _...[qlu 234568910 12345678910 Units of Good Y Units of Good X 5 (hi id) FIGURE 6-2 " ' Refer to Figure 6-2. Suppose the price of Y is $1 and the consumer's income is $10. Initially, the price of X is $2 and the consumer is buying 3 units of good X and 4 units # of good Y. If the price of X then faiis to $1, what quantities of X and Y will he/she now purchase in order to maximize totai utiiity? OZXandBY. Razor Wart Part 2 Review Quiz Niko Mlekuz: Attempt 1 Time Limit: 0:45:00 Time Left:0:43:10 F 25 Page 1: 30 17 - 15 20 10/ OL 0 1 2 3 4 5 6 7 8 910 0 1 2 3 4 5 6 7 8 9 10 Units of Good Y Page 2: Units of Good X ( b ) (d) FIGURE 6-2 Page 3: Refer to Figure 6-2. Suppose the price of Y is $1 and the consumer's income is $10. w Initially, the price of X is $2 and the consumer is buying 3 units of good X and 4 units of good Y. If the price of X then falls to $1, what quantities of X and Y will he/she Page 4: now purchase in order to maximize total utility? 4 2 X and 8 Y. Page 5: 6 X and 4 Y. 5 X and 5 Y. 3 X and 7 Y. Page 6: 4 X and 6 Y. 16 Previous Page Next Page Page 7: Page 4 of 30 Submit Quiz 3 of 30 questions saved