Suppose That MUx/P_x exceeds MUy/P_y

question 69

Multiple Choice

Suppose that MUx/P_x exceeds MUy/P_y. To maximize utility, the consumer who is spending all her money income should buy

• A) less of X only if its price rises.
• B) more of Y only if its price rises.
• C) more of Y and/or less of X.
• D) more of X and/or less of Y.

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Definitions:

Weight Gain

An increase in body weight over a period, which can result from various factors like diet, exercise, and health conditions.

Obese

A medical condition characterized by an excessive amount of body fat, which can increase the risk of health problems such as heart disease, diabetes, and high blood pressure.

American Adults

Individuals over the age of 18 living in the United States, encompassing a diverse range of backgrounds, values, and experiences.

Percentage

A fraction or ratio expressed as a part of 100, used to compare quantities or express proportions.