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?.
