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Leona [35]
3 years ago
15

Bundle J contains 10 units of good X and 5 units of good Y. Bundle K contains 5 units of good X and 10 units of good Y. Bundle L

contains 10 units of good X and 10 units of good Y. Assume that the consumer’s preferences satisfy the four properties of indifference curves. The price of X is $1, the price of Y is $2, and the consumer has an income of $20. Which bundle will the consumer choose?
(A) bundle J
(B) bundle K
(C) bundle L
(D) either bundle J or bundle K
Business
1 answer:
djyliett [7]3 years ago
6 0

Answer:

I am pretty sure that it is d im sorry if that is wrong let me know if it is lol sorry again if i am wrong.

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