When There Is a Difference Between the MU_x/P_x and the MU_y/P_y

question 146

Multiple Choice

When there is a difference between the MU_x/P_x and the MU_y/P_y, we expect that a consumer will:

• A) continue to purchase the quantities generating this outcome.
• B) buy more of good x.
• C) buy more of good y.
• D) change the quantities of good x and y in their current purchase basket.

---

Definitions:

Teenagers

Young people generally between the ages of 13 and 19, characterized by developmental changes in physical, psychological, and social areas.

Drug

Any substance other than food that affects the body or mind.

Misconception

A belief or idea that is incorrect based on a misunderstanding or misinformation about a fact or subject.

High

The pleasant feeling of relaxation and euphoria that follows the rush fromcertain recreational drugs.