Define ratio of marginal utility to prices of two goods

Reference no: EM132119594

Question: What is the rule relating the ratio of marginal utility to prices of two goods at the optimal choice? Explain why, if this rule does not hold, the choice cannot be utility-maximizing. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132119594

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