ConceptConceptDocsDocuments

AP Microeconomics 1.6: Consumer Choice

Learn how rational consumers maximize utility under income and price constraints by comparing marginal utility per dollar across available goods.

Syllabus
Effective Fall 2025
Course
AP Microeconomics

CBA-2.A—a. Define the key assumptions of consumer choice theory. b. Explain (using a table or graph as appropriate) how a rational… question 1

[Maximum number: 4]

The table provided shows the marginal utility for Lucy when she consumes Good X and Good Y.

Table for Question CBA-2.A—a. Define the key assumptions of consumer choice theory. b. Explain (using a table or graph as appropriate) how a rational… question 1 — AP Microeconomics

Question (a)

(a)

If Good X and Good Y are free, how many units of each good will maximize Lucy's total

utility?

[ 1 ]

Question (b)

(b)

Calculate Lucy's total utility if she consumes 2 units of Good X and 2 units of Good Y. Show

your work.

[ 1 ]

Question (c)

(c)

Suppose instead that the price of each unit of Good X is $2 and the price of each unit of Good

Y is $4. Lucy has a budget of $20 to spend on the two goods.

[ 2 ]

Question (i)

(i)

If Lucy purchases 2 units of Good X, what is the maximum quantity of Good Y Lucy can

purchase?

[ 1 ]

Question (ii)

(ii)

What is Lucy's optimal combination of Good X and Good Y? Explain your answer using

marginal analysis and numbers.

[ 1 ]
All question bank results loaded