The Consumer's Optimum Choice Is Represented by

question 271

Multiple Choice

The consumer's optimum choice is represented by

• A)MU_x/MU_y = P_x/P_y.
• B)MU_x/P_x = MU_y/P_y.
• C)MRS_xy = P_x/P_y.
• D)All of the above are correct.

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Definitions:

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