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chomtong chomtong
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6 years ago
Richard is consuming X and Y so that he is spending his entire income and MUx/Px = 6 and MUy/Py = 10. To maximize utility, he should
A) continue to consume the same amount of X and Y since he is already maximizing utility.
B) consume more X and less Y.
C) consume less of both X and Y.
D) consume less X and more Y.
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goldlilysgoldlilys
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6 years ago
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chomtong Author
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6 years ago
Thanks for your help!!
Loruiz15
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Yesterday
You make an excellent tutor!
Turboturner
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2 hours ago
Thank you, thank you, thank you!
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