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Other Fields Homework Help Economics Topic started by: Costa on Jan 7, 2018



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