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Business, 15.04.2020 23:36 Dessyj3113
Which of the following is not true regarding the outcome of a consumer’s optimization process? Group of answer choices a. the consumer is indifferent between any two points on his budget constraint b. the consumer’s indifference curve is tangent to his budget constraint c. the consumer has reached his highest indifference curve subject to his budget constraint d. the marginal rate of substitution between goods is equal to the ratio of the prices between goodse. The marginal utility per dollar spent on each good is the same
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Which of the following is not true regarding the outcome of a consumer’s optimization process? Group...
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