Question: Please help ASAP 5. You are choosing between two goods, X and Y, and your mar- ginal utility from each is as shown in the

Please help ASAP

5. You are choosing between two goods, X and Y, and your mar- ginal utility from each is as shown in the table to the right. If your income is $9 and the prices of X and Y are $2 and $1, respectively, what quantities of each will you purchase to maximize utility? What total utility will you realize? Assume that, other things remaining unchanged, the price of X falls to $1. What quantities of X and Y will you now purchase? Using the two prices and quantities for X, derive a demand schedule (a table showing prices and quantities demanded) for X

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