Suppose that MUx = 10 and MUy = 20. Further suppose that the consumer’s budgetconstraint can be expressed as 20x + 10y = 400. For this consumer, the optimal amount of good x to buy would be a)  5. b)  0. c)  20. d)  40.

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Chapter1: Making Economics Decisions
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Suppose that MUx = 10 and MUy = 20. Further suppose that the consumer’s budgetconstraint can be expressed as 20x + 10y = 400. For this consumer, the optimal amount of good x to buy would be

  1. a)  5.

  2. b)  0.

  3. c)  20.

  4. d)  40.

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