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A utility maximizing consumer buys so as to make _ _ _ _ _ _ _ _ for all pairs of goods. ( MUx
A utilitymaximizing consumer buys so as to make for all pairs of goods.
MUx is the marginal utility of good x and Px is the price of good x; MUy is the marginal utility of good y and Py is the price of good y
Question Answer
a
MUxPx MUyPy
b
TUxPx TUyPy
c
MUx MUy
d
PxMUx PyMUy
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