What can we say about the marginal utility per dollar spent at the consumer’s optimal choice?

Question

Answer

The marginal utility per dollar spent on good X is greater than the marginal utility per dollar spent on good Y.

Answer

The marginal utility per dollar spent is equal to the marginal utility per dollar saved.

Answer

None of the above.

Answer

The marginal utility per dollar spent on good X is less than the marginal utility per dollar spent on good Y.

Answer

The marginal utility per dollar spent on good X is equal to the marginal utility per dollar spent on good Y.

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