The different rights and responsibilities which owners, workers, ...

[ARLKQ]

The different rights and responsibilities which owners, workers, and managers have in different forms of business are referred to as contractual constraints.
  Indicate whether the statement is true or false

Question 2

Assume that a consumer purchases a combination of products X and Y and MUx / Px = 75 utils per dollar and MUy / Py = 50 utils per dollar. To maximize utility without spending more dollars, the consumer should buy:
 a. more of both X and Y.
  b. less of Y only if the price of Y increases.
  c. more of Y and less of X.
  d. more of X and less of Y.
  e. less of both X and Y.

[Jordin Calloway]

Answer to Question 1

F

Answer to Question 2

d