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    Exam 3: Demand Elasticities
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    A Consumer Is in Equilibrium,that Is,a Consumer Is Maximizing Her
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A Consumer Is in Equilibrium,that Is,a Consumer Is Maximizing Her

Question 47

Question 47

True/False

A consumer is in equilibrium,that is,a consumer is maximizing her utility when marginal utility and price are equal for each of the goods the consumer purchases.

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