At Point X on the Graph, Which Depicts a Consumer's

question 227

Multiple Choice

At point X on the graph, which depicts a consumer's indifference curve for goods A and B and the relevant budget constraint line, we know that

• A)MU A/P A = MU b/P B.
• B)P A = P B.
• C)MU A = MU B.
• D)MU A/P A> MU b/P B.

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Definitions:

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