Question
Suppose that MUx = 5 and MUy = 10. Further suppose that the consumer's budget constraint can be expressed as 10x + 5y = 100.
Suppose that MUx = 5 and MUy = 10. Further suppose that the consumer's budget constraint can be expressed as 10x + 5y = 100. For this consumer, the optimal amount of good x to buy would be?
a) 5
b) 0
c) 20
d) 40
e) 10
I think should be 0?
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
