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If a Consumer Derives More Utility by Spending an Additional

Question 63

Multiple Choice

If a consumer derives more utility by spending an additional $1 on good X,rather than on good Y:

A) MU_x/P_x > MU_y/P_y.
B) MU_x/P_x = MU_y/P_y.
C) MU_x/P_x < MU_y/P_y.
D) P_x/MU_x > P_y/MU_y.

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