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Assume a Consumer Purchases a Combination of Goods X and Y

Question 68

Multiple Choice

Assume a consumer purchases a combination of goods X and Y such that MUx / Px = 20 units of utility per dollar and MUy / Py = 10 units of utility per dollar. To maximize utility, the consumers should buy:


A) less of X and more of Y.
B) less of both X and Y.
C) more of both X and Y.
D) more of X and less of Y.

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