Multiple Choice
When the marginal utility per dollar of good x exceeds the marginal utility per dollar of good y,
A) the consumer should consume more of good x.
B) the consumer is consuming too much of good x.
C) good y must have a negative marginal utility.
D) the consumer is in an optimal situation if the price of good x exceeds the price of good y.
Correct Answer:
Verified
Correct Answer:
Verified
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