The condition required for a consumer to be maximizing utility, for any pair of products, X and Y, is
A) MUX/PY = MUY/PX.
B) MUX = MUY.
C) PX = PY.
D) PX(MUX) = PY(MUY).
E) MUX/PX = MUY/PY.

Name: The condition required for a consumer to be maximizing utility, for any pair of products, X and Y, is A) MUX/PY = MUY/PX. B) MUX = MUY. C) PX = PY. D) PX(MUX) = PY(MUY). E) MUX/PX = MUY/PY.
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Question

Quizplus · Accepted Answer

The Answer is E

The Condition Required for a Consumer to Be Maximizing Utility