The table shows an indifference schedule for several combinations of X and Y. Combination Quantity of x Quantity of Y a 20 16 2 12 10 14 le In moving from combination c to d. the consumer Multiple Choice gets 12 units of X for 4 units of Y. gives up 12 units of X for 4 units ofY gives up 2 units of X for 1 unit of Y. gets 2 units of X for 1 unit of Y.
The table shows an indifference schedule for several combinations of X and Y. Combination Quantity of x Quantity of Y a 20 16 2 12 10 14 le In moving from combination c to d. the consumer Multiple Choice gets 12 units of X for 4 units of Y. gives up 12 units of X for 4 units ofY gives up 2 units of X for 1 unit of Y. gets 2 units of X for 1 unit of Y.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![The table shows an indifference schedule for several combinations of X and Y.
Combination
Quantity of X
Quantity of Y
a
20
16
12
10
4
69
In moving from combination c to d. the consumer
Multiple Choice
gets 12 units of X for 4 units of Y
gives up 12 units of X for 4 units of Y
gives up 2 units of X for 1 unit of Y.
gets 2 units of X for 1 unit of Y.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3a64c038-c86f-4a6d-8983-8e24b3119ec5%2F51746364-fdf0-4662-9eac-1d6c36651ad6%2Ffyp1yk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The table shows an indifference schedule for several combinations of X and Y.
Combination
Quantity of X
Quantity of Y
a
20
16
12
10
4
69
In moving from combination c to d. the consumer
Multiple Choice
gets 12 units of X for 4 units of Y
gives up 12 units of X for 4 units of Y
gives up 2 units of X for 1 unit of Y.
gets 2 units of X for 1 unit of Y.
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