Suppose that MUx/Px exceeds MUy/Py.To maximize utility,the consumer who is spending all her money income should buy:
A) less of X only if its price rises.
B) more of Y only if its price rises.
C) more of Y and less of X.
D) more of X and less of Y.
Correct Answer:
Verified
Q4: Answer the question on the basis
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A)positive, but not negative.
B)positive
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A)takes more
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A)There is
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Q111: Utility refers to the
A)satisfaction that a consumer
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