If a Consumer Derives More Utility by Spending an Additional

question 63

Multiple Choice

If a consumer derives more utility by spending an additional $1 on good X,rather than on good Y:

• A)MU_x/P_x > MU_y/P_y.
• B)MU_x/P_x = MU_y/P_y.
• C)MU_x/P_x < MU_y/P_y.
• D)P_x/MU_x > P_y/MU_y.

---

Definitions:

Social Media Marketing

Involves the use of social media platforms to promote a product or service, engaging with the audience to build brand, increase sales, and drive website traffic.

Marketing Organizations

Entities that focus on promoting and selling products or services to consumers through various strategies and channels.

Resources

Resources refer to the assets, both tangible and intangible, that an organization or individual has available for use, such as financial, human, and material resources.

Search Engine Marketing

A digital marketing strategy used to increase a website's visibility in search engine results pages primarily through paid advertising.