If lima purchases a combination of commodities x and y such that MU,/P, - 20 and MU,/P.
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Question:
If lima purchases a combination of commodities x and y such that MU,/P, - 20 and MU,/P. = 15, she can maximize utility by buying
A less of & and more of y.
B more of k and less of y.
C more of both & and y.
D less of both x and y
Related Book For
Introduction To Mathematical Statistics And Its Applications
ISBN: 9780321693945
5th Edition
Authors: Richard J. Larsen, Morris L. Marx
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