If a Consumer Purchases a Combination of Commodities X and Y

question 6

Multiple Choice

If a consumer purchases a combination of commodities x and y such that MU_x/P_x = 50 and MU_y/P_y = 40, to maximize utility, the consumers should buy.

• A) more of x and less of y.
• B) more of both x and y.
• C) less of x and more of y.
• D) less of both x and y.

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Definitions:

Molarity

A concentration unit of a solution expressed as moles of solute divided by liters of solution.

NaCl

Sodium chloride, commonly known as table salt, which is essential for human health.

Compound Name

A compound name is the unique, standardized name given to a chemical compound, based on the system of nomenclature established by the International Union of Pure and Applied Chemistry (IUPAC).

Chemical Formula

A notation that uses chemical symbols and numbers to represent the composition of a compound, indicating the types and numbers of atoms involved.