Consider the following utility function: U= 4X +Y. A consumer faces prices of P, = $2 and P, =1. Assuming that graphically good X is on the horizontal axis and good Y is on the vertical axis, suppose...

Extracted text: Consider the following utility function: U= 4X +Y. A consumer faces prices of P, = $2 and P, =1. Assuming that graphically good X is on the horizontal axis and good Y is on the vertical axis, suppose the consumer chooses to consume 10 units of good X and 19 units of good Y. Then the marginal rate of substitution (MRS) is equal to: MRS = - 4.00 (Enter your response rounded to two decimal places. Do not forget to include the negative sign.) The consumer should consume to maximize utility. only good X only good Y the same amount of X and Y tv 15 МacВook Air 80 DII esc F1 F2 F3 F4 F5 F7 F8 ! @ #3 $ % & 1 2 4 7 8 9 Q W Y tab A S F G H. K caps lock C V N M ft control option command つ つ く0 R