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If a Consumer Is Initially at an Optimum, and Then

Question 198

Multiple Choice

If a consumer is initially at an optimum, and then the price of X falls, then

A) MUX/PX > MUY/PY.
B) MUX/PX < MUY/PY.
C) MUX/PX = MUY/PY.
D) MUX/MUY < PY/PX.

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