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Use the table below to answer the following question. Table 8.2.4 Refer t...
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Use the table below to answer the following question.
Refer to Table 8.2.4. Suppose the price of X is $1 and the price of Y is $1. How much of each should you purchase to maximize utility from a total expenditure of $11?
Table 8.2.4
| Units of X | Total Utility (X) | Units of Y | Total Utility (Y) |
| 0 | 0 | 0 | 0 |
| 1 | 9 | 1 | 49 |
| 2 | 17 | 2 | 90 |
| 3 | 24 | 3 | 110 |
| 4 | 30 | 4 | 118 |
| 5 | 35 | 5 | 124 |
| 6 | 39 | 6 | 129 |
| 7 | 42 | 7 | 132 |
| 8 | 44 | 8 | 133 |
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