If a Consumer Purchases a Combination of Commodities a and B

question 159

Multiple Choice

If a consumer purchases a combination of commodities a and b such that MU_a/P_a = 50 and MU_b/P_b = 40, to maximize utility, the consumer should buy:

• A) less of both a and b.
• B) more of both a and b.
• C) more of a and less of b.
• D) less of a and more of b.

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Definitions:

Chemical Reactions

Processes that involve rearrangement of the molecules or atomic structure of substances, resulting in new products.

Body Temperature

The measurement of the warmth or coldness of the human body, typically maintained around 37°C (98.6°F) under normal conditions.

Tissues Moist

A description of tissues that contain or are covered in liquid, typically referring to the natural wetness in living tissues.

Enzyme Function

The role of an enzyme in catalyzing specific chemical reactions, speeding up the reaction without being consumed in the process.