Assume a consumer can buy two goods, A and B, and that the prices are Pa and Pb respectively. The marginal utility of A is MUa a
nd that of B is MUb. Which of the following expressions represents consumers' optimum utility maximization? a. MU=MUbb. MUa × PA=MUb × Pbc. Pa/Pb=MUa/MUbd. PA × PB=MUa × Mube. MUa/MUb
MUa/Pa = MUb/Pb, where MUa represents the marginal utility derived from good a, Pa represents the price of good a, MUb represents the marginal utility of good b and Pb represents the price of good b.
