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Assume That a Consumer Purchases a Combination of Product a and Product

Question 310

Multiple Choice

Assume that a consumer purchases a combination of product A and product B such that the MUₐ /Pₐ = 3 and MUᵦ /Pᵦ = 5. To maximize utility without spending more money, the consumer should


A) purchase more of product A and less of product B.
B) purchase less of product A and more of product B.
C) purchase more of both product A and product B.
D) make no change in purchases of products A and B.

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