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Author Question: ________ buys so as to make MU x/ MU y= P x/ P yfor all pairs of goods. (Read 27 times)

scienceeasy

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on: Apr 19, 2019

Question 1

A person maximizes utility when he equalizes the ________ across products.


◦ total utility
◦ total utility per dollar spent
◦ marginal utility
◦ marginal utility per dollar spent

Question 2

________ buys so as to make 
MU
x/
MU
y = 
P
x/
P
y for all pairs of goods.


◦ A utility-minimizing consumer
◦ Every consumer
◦ A utility-maximizing consumer
◦ Only a consumer with an unlimited budget
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by scienceeasy on Apr 19, 2019

mammy1697

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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scienceeasy

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)

mammy1697

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Reply 3 on: Yesterday
Wow, this really help

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