menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    The Economy Today Study Set 1
  4. Exam
    Exam 19: Consumer Choice Appendix: Indifference Curves
  5. Question
    The Slope of the Budget Constraint,when a Consumer Has Reached
Solved

The Slope of the Budget Constraint,when a Consumer Has Reached

Question 2

Question 2

Multiple Choice

The slope of the budget constraint,when a consumer has reached optimal consumption of two goods,is equal to the


A) Marginal rate of substitution.
B) Cross-price elasticity of the two goods.
C) Total utility for the two goods.

Correct Answer:

verifed

Verified

Related Questions

Q1: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5715/.jpg" alt=" -Complete Table 19.3.Assume

Q4: The point where the budget constraint and

Q8: If marginal utility is negative,then<br>A)Total utility will

Q11: Assume that Anna buys peanut butter and

Q41: Market demand is identical to individual demand.

Q50: If there is no budget constraint,utility maximization

Q57: Using the concept of the budget constraint

Q69: Advertisers currently spend about $1 million per

Q76: Price discrimination occurs when consumers have only

Q85: Sellers can increase total revenues by charging

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines