If MU_x / P_x = MU_Y / P_Y Then _____

question 38

Multiple Choice

If MU_x / P_x = MU_Y / P_Y then _____.

• A)the consumer should purchase same quantity of X and Y.
• B)the consumer should purchase less X
• C)the consumer is maximizing utility
• D)the consumer should purchase more Y
• E)the consumer is minimizing utility

---

Definitions:

Commons Dilemma

A situation where shared resources are depleted because individuals act out of self-interest rather than considering the common good.

Belief in a Just World

The cognitive bias that a person's actions are inherently inclined to bring morally fair and fitting consequences to that individual.

Attractive Victims

A term relating to the phenomenon where individuals perceived as physically attractive are more likely to receive empathy and support when victimized.

Helper's Gender

Pertains to how the gender of a person providing assistance might influence the perception or effectiveness of the help given.