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Which of the Following Best Describes the Consumer Optimum?
A) MUa\mathrm { MU } _ { \mathrm { a } }

Question 274

Multiple Choice

Which of the following best describes the consumer optimum?


A) MUa\mathrm { MU } _ { \mathrm { a } } /
Pa\mathrm { P } _ { a } =
TUb\mathrm { TU } _ { b } /
PbP _ { b }
B) MUa\mathrm { MU } _ { \mathrm { a } } /
TUa\mathrm { TU } _ { \mathrm { a } } =
Pa\mathrm { P } _ { a }
C) MUa\mathrm { MU } _ { \mathrm { a } } /
Pa\mathrm { P } _ { a } =
MUb\mathrm { MU } _ { \mathrm { b } } /
PbP _ { b } = ...=
MUZ\mathrm { MU } _ { \mathrm { Z } } /
PZP _ { Z }
D) change in TU/change in P = MU

Correct Answer:

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