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If a Consumer Derives More Utility by Spending an Additional

Question 237

Multiple Choice

If a consumer derives more utility by spending an additional $1 on good X rather than on good Y, then:

A) MUₓ/Pₓ > MUᵧ/Pᵧ.
B) MUₓ/Pₓ = MUᵧ/Pᵧ.
C) MUₓ/Pₓ < MUᵧ/Pᵧ.
D) Pₓ/MUₓ > Pᵧ/MUᵧ.

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