25 20 10 15+ 5 Y 0 B3 B2 B1 0 28 At points a, b, and c 5 (a) MUx/Px = MUY/Py (b) MUX/Px > MUy/Py (c) MUX/Px < MUy/Py (d) Marginal Utility of X is negative O(e) none of the above 10 15 12 12 11 13 13 20 11 X

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
25
20
10
Y
15+
5
B3
B2
B1
0
28 At points a, b, and c
5
(a) MUx/Px = MUY / Py
(b) MUX/Px > MUy/Py
(c) MUX/Px < MUy/Py
(d) Marginal Utility of X is negative
(e) none of the above
8
10
D
15
12
2
12
11
13
13
11
20 X
Transcribed Image Text:25 20 10 Y 15+ 5 B3 B2 B1 0 28 At points a, b, and c 5 (a) MUx/Px = MUY / Py (b) MUX/Px > MUy/Py (c) MUX/Px < MUy/Py (d) Marginal Utility of X is negative (e) none of the above 8 10 D 15 12 2 12 11 13 13 11 20 X
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