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The table below shows an indifference schedule for several combinations of X and Y. Combination. Quantity of X Quantity. of Y A. 20 1 B.
The table below shows an indifference schedule for several combinations of X and Y.
Combination. Quantity
of X Quantity.
of Y
A. 20 1
B. 16 2
C. 12 3
D. 10 4
Approximately how much of why is the consumer willing to give up to obtain the 20th unit of x?
Multiple choice
A.4
B. 1/4
C.2
D.1/2
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