The Below Table Shows the Average Utility (In Utils) Obtained

Multiple Choice

The below table shows the average utility (in utils) obtained from the consumption of goods A and B.Table 7.3

-If MU_x / P_x = MU_Y / P_Y, then _____.

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