Question: Consider the consumer represented by the table below. This consumer has a budget of $27, and has to choose between consuming goods X and Y

Consider the consumer represented by the table below. This consumer has a budget of $27, and has to choose between consuming goods X and Y What is the quantity of that maximizes utility Chint complete the table and select one by one the units according to the one that provides the highest MUP, until the income is completed Income = $27 Good X P=$4 Good Y P=$5 Q MU MU/P MU MU/P 1 24.0 25.6 2 19.2 22.1 3 14.4 18.0 4 9.6 16.0 5 7.2 12.8 6 4.8 9.6

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