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Suppose the Marginal Utility of a Unit of Good X

Question 41

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Suppose the marginal utility of a unit of good x = MUx, the marginal utility of a unit of good y = MUy, Px= price of a unit of good x, and Py= price of a unit of a good y. If MUx/Px > MUy/Py, the consumer should consume more of good x and less of good y.​

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