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Economics 5 5 Answer the question based on the table below showing the marginal utility schedules for product X and product Y for a hypothetical

Economics 5

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5 Answer the question 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 $3.50. The income of the consumer is $25. eBook Product X Product Y Quantity MUX Quantity MUy 1 32 1 24 28 20 W N 24 W N 16 4 20 12 5 16 5 8 If the consumer buys product X or product Y one unit at a time, which of the following will the consumer's first two purchases be? Multiple Choice O a first unit of Y followed by a first unit of X O a first unit of Y followed by a second unit of Y O a first unit of Y followed by a first unit of X O a first unit of X followed by a second unit of X

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