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The MU/P ratio for good X is greater than the MU/P ratio for good Y as a result of a fall in the price of

The MU/P ratio for good X is greater than the MU/P ratio for good Y as a result of a fall in the price of good X. To achieve consumer equilibrium, the consumer reallocates dollars from the purchase of good Y to the purchase of good X. In the process, the consumer Group of answer choices acts according to the law of supply. minimizes total utility. maximizes total utility. puts downward pressure on prices

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