Question: If a consumer allocates her income between two goods, x and y, then she will be in equilibrium when A.MUx= MUyand she has spent all

If a consumer allocates her income between two goods, x and y, then she will be in equilibrium when

  • A.MUx= MUyand she has spent all of her income.
  • B.MUx/Px= MUy/Pyand all of her income is spent.
  • C.MUx/Px= MUy/Pyand she is below her budget constraint.
  • D.MUx/MUy>Px/Pyand all of her income is spent.

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