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    Modern Principles Microeconomics
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    Exam 25: Consumer Choice
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    At the Consumer's Optimal Consumption Bundle, the MRS<sub>XY</sub> Is 4
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At the Consumer's Optimal Consumption Bundle, the MRSXY Is 4

Question 96

Question 96

Multiple Choice

At the consumer's optimal consumption bundle, the MRSXY is 4, and the marginal utility of good X is 8. What is the marginal utility of good Y?


A) 1/2
B) 2
C) 24
D) 16

Correct Answer:

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