For the Consumer to Be at an Optimum, It Must $M R S_{C, C^{\prime}}=\frac{1}{(1+r)}$

question 52

Multiple Choice

For the consumer to be at an optimum, it must be the case that

• A) \( M R S_{C, C^{\prime}}=\frac{1}{(1+r)} \)
• B) \( M R S_{C, C^{\prime}}=(1+r) \)
• C) \( M R T_{C, C^{\prime}}=\frac{1}{(1+r)} \)
• D) MRT_c,c' = (1 + r).
• E) MRS_c,c' = we(1 + r).

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Definitions:

Ogata Korin

A Japanese painter and lacquerer from the early Edo Period, renowned for his innovative and decorative art style that influenced the Rinpa school.

Tawaraya Sotatsu

A Japanese artist of the 17th century, known for his contributions to the Rinpa school of painting, characterized by bold outlines and vivid colors.

Nihonga Painting

A Japanese painting style that emerged in the late 19th century, aiming to revitalize traditional methods and subjects in response to Western influence.

Kano Hogai

A Japanese painter of the Kano school, known for his contributions to the revitalization of traditional Japanese painting in the Meiji era.