stion 51 The following marginal utility data is for products X and Y. Assume that the prices of x and Y are $4 and $2 respectively and that the consumer's income is $18 wet ered d out of Units Marginal Units Marginal of X utility, X of Y utility, Y ove fiag 20 16 2 16 2. 14 3 12 3 12 4 8. 4 10 6 4. Which of the following shows the price and quantity demanded of X? (A) (B) (C) (D) Qd P Qd P Qd Qd P. $4 $4 $4 3 $4 3. 2 5. 2. 4 2 9. Select one: O a. column (B) O b. column (A) O c. column (C) d. column (D)
stion 51 The following marginal utility data is for products X and Y. Assume that the prices of x and Y are $4 and $2 respectively and that the consumer's income is $18 wet ered d out of Units Marginal Units Marginal of X utility, X of Y utility, Y ove fiag 20 16 2 16 2. 14 3 12 3 12 4 8. 4 10 6 4. Which of the following shows the price and quantity demanded of X? (A) (B) (C) (D) Qd P Qd P Qd Qd P. $4 $4 $4 3 $4 3. 2 5. 2. 4 2 9. Select one: O a. column (B) O b. column (A) O c. column (C) d. column (D)
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Consumer Choice Theory
Section: Chapter Questions
Problem 4SQP
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![stion 51
The following marginal utility data is for products X and Y. Assume that the prices of x and Y are 54 and $2 respectively and that the
consumer's income is $18
wet
ered
d out of
Units
Marginal
Units
Marginal
utility, Y
of X
utility, X
of Y
ove fiag
20
16
2
16
2.
14
3
12
3
12
4
8.
4
10
5.
8.
6
4.
6
Which of the following shows the price and quantity demanded of X?
(A)
(B)
(C)
(D)
Qd
P
Qd
Qd
Qd
P.
$4
$4
2
$4
3
$4
3.
2
5.
2.
4
2
9.
Select one:
O a.
column (B)
O b. column (A)
O c. column (C)
O d.
column (D)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F25838928-0cda-4c23-88b4-f5956d6d213d%2Fa3b2b429-d121-426d-9bd1-bd2b712ed775%2Fo6amcg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:stion 51
The following marginal utility data is for products X and Y. Assume that the prices of x and Y are 54 and $2 respectively and that the
consumer's income is $18
wet
ered
d out of
Units
Marginal
Units
Marginal
utility, Y
of X
utility, X
of Y
ove fiag
20
16
2
16
2.
14
3
12
3
12
4
8.
4
10
5.
8.
6
4.
6
Which of the following shows the price and quantity demanded of X?
(A)
(B)
(C)
(D)
Qd
P
Qd
Qd
Qd
P.
$4
$4
2
$4
3
$4
3.
2
5.
2.
4
2
9.
Select one:
O a.
column (B)
O b. column (A)
O c. column (C)
O d.
column (D)
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