The MU/P ratio for good X is the same as for good Y: 12 utils per dollar.If the price of good X rises to $2 from $1,a consumer who seeks (consumer)equilibrium will buy more of good __________ until the marginal utility of good __________ falls to __________ utils.
A) Y; Y; 12
B) X; X; 24
C) Y; X; 12
D) Y; Y; there is not enough information to answer this part of the question.
E) X; X; there is not enough information to answer this part of the question.

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The Answer of The MU/P ratio for good X is the same as for good Y: 12 utils per dollar.If the price of good X rises to $2 from $1,a consumer who seeks (consumer)equilibrium will buy more of good __________ until the marginal utility of good __________ falls to __________ utils.
A) Y; Y; 12
B) X; X; 24
C) Y; X; 12
D) Y; Y; there is not enough information to answer this part of the question.
E) X; X; there is not enough information to answer this part of the question.

The MU/P Ratio for Good X Is the Same as for Good