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Costa Costa
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Posts: 1009
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6 years ago
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
Textbook 
Microeconomics

Microeconomics


Edition: 2nd
Author:
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6 years ago
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