Title: The consumer is in equilibrium when: Post by: Costa on Jan 7, 2018 The consumer is in equilibrium when:
A) the marginal rate of substitution equals the ratio of the prices B) the marginal rate of substitution is higher than the ratio of the prices C) two budget lines intersect and the budget is fully spent D) the budget line crosses the indifference curve Title: Re: The consumer is in equilibrium when: Post by: yameth on Jan 7, 2018 A
|