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Sanjay Is Consuming X and Y So That He Is

Question 253

Multiple Choice

Sanjay is consuming X and Y so that he is spending his entire income and MU_x/P_x = 8 and MU_y/P_y = 14. To maximize utility, he should consume

A) the same amount of X and Y since he is already maximizing utility.
B) less of both X and Y.
C) more X and less Y.
D) less X and more Y.

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