Question: Please answer the 3 questions and explain if possible Llolhlns ' 5 (Hill 1' . work] 1' Q You are willing to give up 1

Please answer the 3 questions and explain if possible

Please answer the 3 questions and explain if possible Llolhlns "' 5

Llolhlns "' 5 (Hill 1'" . work] 1' Q You are willing to give up 1 unit of clothing to get the fourth unit of food :3 You are willing to give up 4 units of clothing to get the second unit of food C) You are willing to give up 6 units of clothing to get the first unit of food C) You are willing to give up 2 unit of clothing to get the fifth unit of food no You are willing to give up 6 units of clothing to get the second unit of food 2. Suppose that the price of good X is $15, the price of good Y is $30, and our income is $300. What is the maximum amount of good X and Y you can buy? A) X = 20, Y = 10 B) x = 15, Y = 30 C) X = 30, Y = 15 D)|nsufficient information E) X :10, Y = 20 3. Assume the following demand curve for Tesla model 3: 2P = 600,000 - 80. what is the consumer surplus if the total demand at the equilibrium price is 75,000? A) $5.625 Billion B) $11.25 Billion C) $0 D) $45 Billion El $22.5 Billion

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