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A Consumer Satisfies the Condition ________ When Her Indifference Curve

Question 128

Multiple Choice

A consumer satisfies the condition ________ when her indifference curve is just tangent to her budget constraint.


A) MUx = MUy
B) TUx = TUy
C) MUx/Px = MUy/Py
D) TUx/Px = TUy/Py

Correct Answer:

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