Multiple Choice
If a consumer purchases a combination of commodities a and b such that MUa/Pa = 50 and MUb/Pb = 30, to maximize utility, the consumer should buy:
A) less of both a and b.
B) more of both a and b.
C) more of a and less of b.
D) less of a and more of b.
Correct Answer:
Verified
Correct Answer:
Verified
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