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hiusy98 hiusy98
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7 years ago
Which of the following statements is true when the consumer is in utility-maximizing equilibrium?
A) The number of units of each good purchased is equal.
B) The prices of the goods in question must be equal.
C) The total benefits the consumer receives from every good consumed must be the same for all goods.
D) The rate at which the consumer is willing to trade one good for another is equal to the ratio of their market prices.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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sofreshsofresh
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7 years ago
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Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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hiusy98 Author
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#2
7 years ago
Needed these to complete my project
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