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Suppose the Marginal Utility of a Unit of Good X

question 62

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Suppose the marginal utility of a unit of Good X = MUx,the marginal utility of a unit of Good Y = MUy,Px = the price of a unit of Good X,and Py = the price of a unit of Good Y.If MUx/Px > MUy/Py,the consumer should consume less of Good Y.


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