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nakungth nakungth
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Posts: 1175
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6 years ago
A consumer maximizes satisfaction at the point where his valuation of good X, measured as the amount of good Y he would willingly give up to obtain an additional unit of X, equals:
A) the magnitude of the slope of the indifference curve through that point.
B) one over the magnitude of the slope of the indifference curve through that point.
C) Px/Py
D) Py/Px
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
Read 56 times
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wrote...
6 years ago
C
nakungth Author
wrote...
6 years ago
Thank you!
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