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Home Q & A Board Other Fields Homework Help Business Economics
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PaulKet PaulKet
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Posts: 488
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6 years ago
The consumer is in equilibrium when
A) MRT = MRS.
B) Px/Py = MUx/MUy.
C) the budget line is tangent to the indifference curve at the bundle chosen.
D) All of the above.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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SaHiN22SaHiN22
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6 years ago
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PaulKet Author
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#2
6 years ago
Really helpful, thank you so very much Smiling Face with Open Mouth
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.
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