If the price of laundry detergent equals the price of dishwashing powder,then a utility-maximizing consumer will always buy equal amounts of laundry detergent and dishwashing powder.

Question

Quizplus · Accepted Answer

It is not necessary that a utility-maximizing consumer will always buy equal amounts of two goods just because they have the same price. The quantities bought will depend on the individual's preferences and marginal utilities for those goods.

If the Price of Laundry Detergent Equals the Price of Dishwashing