Question

Arun has rupees 88 with him. He intended to purchase good X and Good Y with his money. The Market price for X and Y per unit is rupees 8.
The marginal utility schedule of good X and Y is given Below. Find out how many units of X and Y should Arun purchase so that he will get
maximum satisfaction
MUX: 88, 72, 64, 56, 48, 40, 32, 24, 16,8
MUy: 40, 36, 24, 20, 16, 12, 8, 4,0,0
a. 8 units of X and 3 units of Y
b. 6 units of X and 1 unit of Y
c. 9 units of X and 5 units of Y
d. None of these

Answer 1

Explanation:

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