Suppose the Marginal Utility of a Unit of Good X

question 18

Multiple Choice

Suppose the marginal utility of a unit of good x = MU_x, the marginal utility of a unit of good y = MU_y, P_x= price of a unit of good x, and P_y= price of a unit of a good y. A utility-maximizing consumer who purchases two goods, x and y, allocates her budget in such a way that _____.​

• A)MU_x = MU_y
• B)TU_x = TU_y
• C)MU_x/P_y = MU_y/P_x
• D)TU_x/P_y = TU_y/P_x
• E)MU_x/P_x = MU_y/P_y

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