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Posts: 199
3 weeks ago
A consumer should increase her consumption of good X relative to good Y if:

▸ the marginal benefit per dollar spent on good X is the same as the marginal benefit per dollar spent on good Y.

▸ the marginal benefit per dollar spent on good X is smaller than the marginal benefit per dollar spent on good Y.

▸ the marginal benefit per dollar spent on good X is greater than the marginal benefit per dollar spent on good Y.

▸ none of the above
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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3 weeks ago
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the marginal benefit per dollar spent on good X is greater than the marginal benefit per dollar spent on good Y.
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3 weeks ago
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