Question: Question 7 (5 points) Suppose that consumer is always ready to trade 4 units of X and 7 units of Y. Suppose also that Px

 Question 7 (5 points) Suppose that consumer is always ready to

trade 4 units of X and 7 units of Y. Suppose also

Question 7 (5 points) Suppose that consumer is always ready to trade 4 units of X and 7 units of Y. Suppose also that Px = 3, Py = 2 and I = 120. What would be the optimal consumption of X and Y at the equilibrium, respectively? 30, 15 40, 0 0, 60 20, 30

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