menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 10
  4. Exam
    Exam 21: The Theory of Consumer Choice
  5. Question
    Which of the Following Represents a Consumer's Optimum
Solved

Which of the Following Represents a Consumer's Optimum

Question 335

Question 335

Multiple Choice

Which of the following represents a consumer's optimum?


A) MUx/MUy = Py/Px
B) MUx/Py = MUy/Px
C) MUx/Px = MUy/Py
D) MUy/MUx = Px/Py

Correct Answer:

verifed

Verified

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

Related Questions

Q59: A typical consumer consumes both coffee and

Q128: Indifference curves illustrate<br>A)a firm's profits.<br>B)a consumer's budget.<br>C)a

Q138: Assume that a person consumes two goods,

Q159: Using our model of consumer choice, is

Q331: The following diagram shows two budget lines:

Q332: A consumer who doesn't spend all of

Q333: Abby, Bobbi, and Deborah each buy ice

Q334: If Chad's labor-supply curve is upward-sloping, then,

Q336: All Giffen goods are<br>A)inferior goods, and all

Q340: A rational consumer maximizes her<br>A)preferences.<br>B)marginal rate of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines