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EC 201 Intermediate Microeconomics 1. Four commodity bundles are specified by their X, Y content. to - D Good X Good Y Comment on the

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EC 201 Intermediate Microeconomics 1. Four commodity bundles are specified by their X, Y content. to - D Good X Good Y Comment on the rankings of these bundles by the following people. Person I D=B>C>A Person II D=C=B>A Person III D=C>B=A Person IV C=B>D=A Person V B>D=C=A 2. Construct the relevant constraints a. Income(I) = $100, Price of Y(Py) = $10, Price of X(Px) = $4 b. I = $100, Py = $10, Px = $4 for x

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