If you know that the marginal utility per rupees spent on product Alpha is less than the marginal utility per rupees spent on product Beta, consumers who spend all their income on these two products can:

Praveen Singh • 35.48K Points
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Q. If you know that the marginal utility per rupees spent on product Alpha is less than the marginal utility per rupees spent on product Beta, consumers who spend all their income on these two products can:

(A) maximize total utility but not marginal utility.

(B) maximize marginal utility but not total utility.

(D) increase total utility by buying more of alpha and less of beta.

Correct Answer - Option(C)

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Q. If you know that the marginal utility per rupees spent on product Alpha is less than the marginal utility per rupees spent on product Beta, consumers who spend all their income on these two products can:

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