Multiple Choice
The equilibrium condition for consumer behavior pertaining to goods A and B is __________.
A) (MUB/PA) = (MUA/PB)
B) MUB = MUA
C) (MPPB/MPPA) = (PB/PA)
D) (MUB/MUA) = (PB/PA)
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: The equilibrium condition for producers (i.e., the
Q7: Which one of the following sequences of
Q8: Suppose that, from an initial individual consumer
Q9: In the following graph showing an isoquant
Q10: Suppose that, from an initial individual consumer
Q12: In the following table of production
Q13: In the Edgeworth box diagram in production
Q14: Explain why any point on an economy's
Q15: The curve in the following diagram is
Q16: Explain, using the isoquant-isocost diagram, why a