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Assume That a Consumer Purchases a Combination of Products Y

Question 347

Multiple Choice

Assume that a consumer purchases a combination of products Y and Z and that the MU y/ Pᵧ = 25 and MU z/ Pz = 20. To maximize utility, without spending more money, the consumer should


A) purchase less of Y and more of Z.
B) purchase more of Y and less of Z.
C) purchase more of both Y and Z.
D) make no change in the quantities Y and Z.

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