Martha and Sarah have the same preferences,face the same prices,and have the same income.Sarah's utility is measured in units while Martha's is measured in units squared.Select the best response.
A)Martha and Sarah will choose to consume the same set of goods.
B)Martha's and Sarah's marginal utility per dollar will be equal.
C)Martha's and Sarah's marginal utilities will be equal.
D)Martha and Sarah will have equal total utility.
E)Martha and Sarah will not choose to consume the same set of goods.

Question

Quizplus · Accepted Answer

Since Martha and Sarah have the same preferences, face the same prices, and have the same income, they will choose to consume the same set of goods regardless of how their utility is measured.

Martha and Sarah Have the Same Preferences,face the Same Prices,and