If MU_x/P_x < MU_y/P_y, Then

question 5

Multiple Choice

If MU_x/P_x < MU_y/P_y, then

• A) spending a dollar less on Y and a dollar more on X increases utility.
• B) spending a dollar less on X and a dollar more on Y increases utility.
• C) X is more expensive than Y.
• D) Y is more expensive than X.

---

Definitions:

Social Learning Theory

A theory that suggests people can learn new behaviors and attitudes through observation, imitation, and modeling from others.

Only Children

Individuals who have no siblings and are the single child of their parents, often discussed in the context of developmental and social dynamics.

Leadership

The ability or act of guiding or directing a group toward achieving a common goal.

Cooperativeness

A personality trait that reflects how much a person is willing to work together with others towards common goals or interests.