Consumer Equilibrium Exists When the

question 50

Multiple Choice

Consumer equilibrium exists when the

• A)slope of the indifference curve is greater than the slope of the budget constraint.
• B)consumer is on his highest indifference curve.
• C)marginal rate of substitution is greater than the slope of the budget constraint.
• D)slope of the indifference curve equals the slope of the budget constraint.

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Definitions:

Fewer Side Effects

Refers to a condition or situation where there is a reduced number or severity of secondary, typically undesirable effects resulting from a treatment or intervention.

Antianxiety Drugs

Drugs used to treat and calm anxiety reactions, typically minor tranquilizers.

Benzodiazepines

Drugs that lower anxiety and reduce stress.

Minor Tranquilizers

Medications often prescribed to reduce anxiety and induce calmness without inducing sleep.