If MU_x / P_x = MU_Y / P_Y Then _____

question 38

Multiple Choice

If MU_x / P_x = MU_Y / P_Y then _____.

• A)the consumer should purchase same quantity of X and Y.
• B)the consumer should purchase less X
• C)the consumer is maximizing utility
• D)the consumer should purchase more Y
• E)the consumer is minimizing utility

---

Definitions:

Globally Focused

Referring to businesses or strategies that target markets, customers, and operations beyond a single country, aiming for international reach and impact.

Motivated Reasoning

A cognitive bias that causes people to interpret information in a way that supports their existing beliefs or desires.

Good News

Positive developments or information that can positively affect a company's market perception, stock price, or operational success.

Bad News

Information that is unfavorable or indicates negative developments.