Assume That a Consumer Purchases a Combination of Products Y

question 175

Multiple Choice

Assume that a consumer purchases a combination of products Y and Z and that the MUy/P_y = 30/2 and MUz/P_z = 45/3. To maximize utility, without spending more money, the consumer should

• A) purchase less of Y and more of Z.
• B) purchase more of Y and less of Z.
• C) purchase more of both Y and Z.
• D) make no change in the quantities of Y and Z.

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