Question: I need help with these 5 questions. Question 23 If a consumer is given her choice between any two market baskets on the indifference curve,

I need help with these 5 questions.

I need help with these 5 questions. Question 23 If a consumeris given her choice between any two market baskets on the indifferencecurve, she will not care which one is given to her. OTrue O FalseQuestion 1 1 points Sav The supply curve in amarket is given by P = 5+ 13.00(Q), while the demand curve

Question 23 If a consumer is given her choice between any two market baskets on the indifference curve, she will not care which one is given to her. O True O FalseQuestion 1 1 points Sav The supply curve in a market is given by P = 5+ 13.00(Q), while the demand curve is P = 22 - 28(Q). The consumer surplus and producer surplus at the equilibrium will be CSE = O A. 2.8 ; 2.6 PSE= O B. 2.4 ; 2.4 O C. 7.7 ; 2.4 O D. 2.4 ; 1.1 O E. 7.7 : 5.3Question 14 1 points Seaman Suppose Mary is curreny spending all her income on cookies and milk. The marginal utility of cookies is 15, the price of cookies is $5. the marginal utility of milk is 10, and the price of milk is $1. To increase her total utility. Mary should; 0 A. buy more milk and fewer cookies. 0 B. buy more of both goods. 0 C. buy more cookies and less milk. 0 D. buy less of both goods. 0 E. do nolhing. She is currently maximizing ulitywith her limited budget. Question 21 1 points Save Ar A line representing all the possible combinations of two commodities that a consumer can purchase at a particular time, given the market prices of the commodities and the consumer's income, is a(n): O A. indifference curve. O B. consumption line. O C. budget line. O D. income consumption curve.Question 22 Table 5-1 Total Utility Units 1 2 3 4 Good X 120 216 288 336 360 Good Y 90 160 220 270 305 Reference: Table 5-1 Refer to Table 5-1. If good X costs $6 per unit and good Y costs $5 per unit, at what quantities of X and Y is utility maximized if the budget is $337 O A. X = 2, Y = 3 O B. X = 4, Y = 5 O C. X = 3, Y = 4 O D. X = 3, Y = 3 O E. None of the above

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