Hello Course Hero Tutors,

I have a question which I cannot figure out (really its the time constraint) and I need a detailed step-by-step explanation on how you solve the problem and get the answer.

Many Thanks in advance -

According to the following graph, ifU2 is the maximum attainable utility, the price ofXis

( My apologies, I could not paste the graph )

The price ofYis $50.

A. $10.

B. $15.

C. $20.

D. $25.

E. none of the above