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.

---

Definitions:

Friedrich Schiller

A German poet, philosopher, physician, and playwright known for his works on aesthetics and human freedom.

Aesthetics

The branch of philosophy concerned with beauty, especially as it appears in works of art, and with the judgments we make about the artistic value of such works.

Selfish

Concerned excessively or exclusively with oneself, seeking or concentrating on one's own advantage, pleasure, or well-being without regard for others.

Crucifixion Scenes

Visual or artistic representations depicting the crucifixion of Jesus Christ or other individuals, often found in religious contexts and art history.