Multiple Choice
Kati-Lyn has to choose between eating Chinese food and Indian food.Both Chinese food and Indian food cost the same.Which of the following equations,where MU is marginal utility and U is total utility,will lead to the optimal level of consumption?
A) MUChinese < MUIndian
B) MUChinese >MUIndian
C) MUChinese = MUIndian
D) UChinese = UIndian
E) UChinese >UIndian
Correct Answer:
Verified
Correct Answer:
Verified
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