Business, 13.12.2021 22:30, Mani2019

A consumer is observed in two situations: with an income of $100, she buys 5 units of X at a price of $10 per unit and 10 units of good Y at a price of $5 per unit. With an income of $175, she buys 3 units of good X at a price of $15 per unit and 13 units of good Y at a price of $10 per unit. Do the actions of this consumer conform to the predictions of consumer theory? Explain

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A consumer is observed in two situations: with an income of $100, she buys 5 units of X at a price o...