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    Managerial Economics
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    Exam 3: Consumer Behavior and Rational Choice
  5. Question
    The Consumer's Optimal Consumption of X and Y Is Characterized
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The Consumer's Optimal Consumption of X and Y Is Characterized

Question 47

Question 47

Multiple Choice

The consumer's optimal consumption of X and Y is characterized by:


A) (MUX) (MUY) = PXPY .
B) MUX = PX.
C) MUX / MUY = PY / PX .
D) MUX / PY = MUX / PX .
E) MUX / MUY = PX / PY .

Correct Answer:

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