Question: Question 5 (5 points) Suppose that consumer uses 3 units of X and 4 units of Y always in fixed proportion. Suppose also that Px

 Question 5 (5 points) Suppose that consumer uses 3 units of

X and 4 units of Y always in fixed proportion. Suppose also

Question 5 (5 points) Suppose that consumer uses 3 units of X and 4 units of Y always in fixed proportion. Suppose also that Px = 1, Py = 2 and I = 110. What would be the optimal consumption of X and Y at the equilibrium. respectively? 30, 40 60, 25 32, 39 24, 32 Previous Page Next Page Page 5 of 20

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