Multiple Choice
Suppose that the ratio of marginal utility to price for good is 10 , and the ratio of marginal utility to price for good is 5 . Assume that for her current consumption of goods and the consumer is experiencing diminishing marginal utility for each good. In order for this consumer to be at her utility maximizing point, she should:
A) consume less and more .
B) consume more and less .
C) consume more and more .
D) do nothing - the consumer is already in equilibrium.
Correct Answer:

Verified
Correct Answer:
Verified
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