If Suson is Sending her intome to maximize helepElity then t

:If Suson is Sending her intome to maximize helepElity, then the nod Aof inal utility ge derios tron eack good ske Consun Select oe : True b: False

Solution

(b) False.

If Susan consumes \'n\' number of goods, then utility is maximized when

MU1 / P1 = MU2 / P2 = MU3 / P3 = ........ = MUn / Pn, where

MUi = Marginal utility of good \'i\' and Pi = Price of good i

This condition does not imply that MUi must be equal to Pi.