If a consumer has an income of $120, the price of X is $5, and the price of Y is $8. Which combination of the two goods is unattainable? A. 12X and 8Y. B. 20X and 2Y. C. 8X and 10Y. D. 2X and 13Y.
If a consumer has an income of $120, the price of X is $5, and the price of Y is $8. Which combination of the two goods is unattainable? A. 12X and 8Y. B. 20X and 2Y. C. 8X and 10Y. D. 2X and 13Y.
Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN:9781285165875
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter21: The Theory Of Consumer Choice
Section: Chapter Questions
Problem 13PA
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![If a consumer has an income of $120, the price of
X is $5, and the price of Y is $8. Which combination
of the two goods is unattainable?
A. 12X and 8Y.
B. 20X and 2Y.
C. 8X and 10Y.
D. 2X and 13Y.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fac5f79fe-c8f4-471d-a0de-8c18133ddf1e%2F59470eb5-3153-4361-ac46-9807cc8c7176%2Ftat9ymb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:If a consumer has an income of $120, the price of
X is $5, and the price of Y is $8. Which combination
of the two goods is unattainable?
A. 12X and 8Y.
B. 20X and 2Y.
C. 8X and 10Y.
D. 2X and 13Y.
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