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Initially,a Consumer Is at an Optimum MUXMU _ { X }

Question 261

Multiple Choice

Initially,a consumer is at an optimum.Then the price of X increases.Consequently,


A) MUXMU _ { X } /
PX\mathrm { P } _ { \mathrm { X } } <
MUYMU _ { Y } /
PYP _ { Y } .
B) MUXMU _ { X } /
PX\mathrm { P } _ { \mathrm { X } } >
MUYMU _ { Y } /
PYP _ { Y } .
C) MUXMU _ { X } /
PX\mathrm { P } _ { \mathrm { X } } =
 MUY \text { MUY } /
PYP _ { Y } .
D) MUX\mathrm { MUX } >
 MUY \text { MUY } .

Correct Answer:

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