Given a budget constraint (or income) of $40, use the below table to find when a consumer would be in "consumer equilibrium". Like the example on Canvas (& the textbook), we assume there are only two goods, X and Y. The price of X is $6 per unit and the price of Y is $4 per unit. Explain your answer; that is, why have you concluded that--given your answer--the consumer is in equilibrium? (Be sure to show how you got your answer) Units MUX MUy. 1 56 40 32 28 3 4 18 12 12 8 6 20 24

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You are looking for a car to lease. Your income is $3,000 per month, and you know that you should not spend more than 20 percent of your income on a car payment. You have found four deals in the table below. options Location Monthly Rent Toyota Camry $400 Lincoln MKZ $660 Ford Fusion $380 BMW 740 $720 Instructions: In order to receive full credit, you must make a selection for each option. For the correct answer(s), click the box once to place a checkmark. For the incorrect answer(s), click the option twice to empty the box. Suppose you adhere to the 20 percent guideline but also receive a $100 monthly allowance from your parents towards your car payment, which option(s) fall within your budget? Group of answer choices Toyota Camry Lincoln MKZ Ford Fusion BMW 740

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