Multiple Choice
The consumer's optimal choice is the one in which the marginal utility per dollar spent on good X
A) is equal to the marginal utility per dollar saved on good X.
B) is greater than the marginal utility per dollar spent on good Y.
C) is equal to the marginal utility per dollar spent on good Y.
D) is less than the marginal utility per dollar spent on good Y.
Correct Answer:
Verified
Correct Answer:
Verified
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