The law of equi-marginal utility states

\frac{M U _{x}}{P _{x}} > \frac{M U _{y}}{P _{y}} > \frac{M U _{z}}{P _{z}} > M U_{m}

\frac{M U _{x}}{P _{x}} = \frac{M U _{y}}{P _{y}} = \frac{M U _{z}}{P _{z}} = M U_{m}

Answer

M U_{x} . P_{x} = M U_{y} . P_{y} = M U_{z} . P_{z}

\frac{M U _{x}}{P _{x}} < \frac{M U _{y}}{P _{y}} < \frac{M U _{z}}{P _{z}} < M U_{m}

Answer: Option B

Answer: Option B

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