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answer quick pls direct no need explaining Read Onl... v v, ..-v-.- _. I -----.' w-p-- ---- uv' -- q.-- -- I D) economic term

answer quick pls direct no need explaining

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Read Onl... v v, ..-v-.- _. I" -----.' w-p-- ---- uv' -- q.-- -- I D) economic term for consumption possibilities E) All of the above 2. Marginal utility is equal to which of the following (1 PT) A) total income divided by the price of the product B) the change in total utility from consuming one more unit of a good C) the satisfaction obtained from consuming any number of units of a good D) none of the above is correct E) All of the above are correct 3. The utility maximizing rule says that consumers must (1 pt) A)only allocate the entire available budget B)only make the marginal utility per dollar spent the same for all goods C)both allocate the entire budget and make the marginal utility per dollar spent the same for all goods D)either allocate the available budget or make the marginal utility per dollar spent the same E)None of the above Answer the next question(s) based on the table below showing the marginal utility schedules for product X and product Y for a hypothetical consumer. The price of product X is $4 and the price of product Y is $2. The income of the consumer is $20. ProductX ProductY mar-my mu. Quantity mm 1 a: 1 24 2 as 2 20 3 24 3 1c 4 20 4 1: s 1- s a 4. Refer to the above table. If the consumer buys both product X and product Y, how much will the consumer buy of each to maximize utility? (Zpts) A)5X and 3V B)4X and 2'! C)3X and 4'! D)4X and 3Y E)None of the above 5. Refer to the above table. Suppose that the consumer's income increased from $20 to $30. What would be the utility-maximizing combination of products X and Y? (2pts) A)3X and 3Y B)4X and 4Y C)5X and 4Y D)5X and 5Y E)None of the above

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