A Way to Describe the Consumer's Optimum Other Than "The

question 188

Multiple Choice

A way to describe the consumer's optimum other than "the marginal rate of substitution for two goods is equal to their relative price ratio",is

• A)MUₓ/MUᵧ = Pᵧ/Pₓ.
• B)MUₓ/Pᵧ = MUᵧ/Pₓ.
• C)MUₓ/Pₓ = MUᵧ/Pᵧ.
• D)MUᵧ/MUₓ = Pₓ/Pᵧ.

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Definitions:

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Hall of Mirrors

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