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Dear Course Hero Tutors - I have a question below which I need assistance with - I know the answer, but I would like a
Dear Course Hero Tutors -
I have a question below which I need assistance with - I know the answer, but I would like a detailed step-by-step explanation on how to obtain the answer-
many thanks in advance! You guys have been fantastic!
Refer to the graph below: The price of X is $30 and the price of Y is $60. How many units of Y will the consumer choose if point A is the utility-maximizing choice?
(my apologies I cannot paste the graph)
Answers:
A. 5
B. 8
C. 16
D. 24
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