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nakungth nakungth
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Posts: 1175
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6 years ago
Oscar consumes only two goods, X and Y.  Assume that Oscar is not at a corner solution, but he is maximizing utility.  Which of the following is NOT necessarily true?   
A) MRSxy = Px/Py.
B) MUx/MUy = Px/Py.
C) Px/Py = money income.
D) Px/Py = slope of the indifference curve at the optimal choice.
E) MUx/Px = MUy/Py.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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6 years ago
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nakungth Author
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6 years ago
You make an excellent tutor!
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this is exactly what I needed
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Just got PERFECT on my quiz
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