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If MUx / Px = MUY / PY Then _____

Question 38

Multiple Choice

If MUx / Px = MUY / PY then _____.


A) the consumer should purchase same quantity of X and Y.
B) the consumer should purchase less X
C) the consumer is maximizing utility
D) the consumer should purchase more Y
E) the consumer is minimizing utility

Correct Answer:

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