Multiple Choice
You're maximizing utility when:
A) (MU of X) / (P of X) > (MU of Y) / (P of Y) .
B) (MU of X) /(P of X) < (MU of Y) /(P of Y) .
C) (MU of X) /(P of X) = (MU of Y) /(P of Y) .
D) (MU of X) /(P of Y) = (MU of Y) /(P of X) .
Correct Answer:
Verified
Correct Answer:
Verified
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