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A utility-maximising consumer changes their spending for goods X-(Answered)

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Question

A utility-maximising consumer changes their spending for goods X and Y so that:

a) TUX/PX = TUY/PY

b) MUX = MUY

c) MUX/MUY = PX/PY

d) PX (MUX) = PY(MUY)

 

Paper#9209218 | Written in 27-Jul-2016

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