Solved

If a Consumer Purchases a Combination of Commodities a and B

Question 43

Multiple Choice

If a consumer purchases a combination of commodities a and b such that MUa/Pa = 100
And MUb/Pb = 80, to maximize utility, the consumer should buy:


A) less of both a and b.
B) more of a and less of b.
C) less of a and more of b.
D) more of both a and b.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions