Question
At a consumer optimum involving goods X and Y, the price of good X is $4
per unit, and the price of good Y is $8
per unit.
The marginal utility of good Y is enter your response here
times of the marginal utility of good X.
per unit, and the price of good Y is $8
per unit.
The marginal utility of good Y is enter your response here
times of the marginal utility of good X.
Answers
GPT 3.5
The marginal utility of good Y is 2 times the marginal utility of good X.