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    Microeconomics Study Set 23
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    Exam 3: Consumer Behavior
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    If Px = Py, Then When the Consumer Maximizes Utility
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If Px = Py, Then When the Consumer Maximizes Utility

Question 85

Question 85

Multiple Choice

If Px = Py, then when the consumer maximizes utility,


A) X must equal Y.
B) MU(X) must equal MU(Y) .
C) MU(X) may equal MU(Y) , but it is not necessarily so.
D) X and Y must be substitutes.

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