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OpenStudy (goldrush18):
Suppose 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 it price rises c) more of Y and less of X d) more of X and less of Y
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OpenStudy (anonymous):
Are you stuck somewhere? Do you know what you need to compare as "equals" when considering marginal utility?
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