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    Managerial Economics Study Set 1
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    Exam 5: Theory of Consumer Behavior
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    -At Point A
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-At Point A

Question 19

Question 19

Multiple Choice


     -At point A, A)  the marginal rate of substitution of X for Y is greater than it is at point B. B)  the ratio of the price of X to the price of Y is greater than it is at point B. C)  the consumer's utility is less than it is at point B. D)  both a and c E)  all of the above
-At point A,


A) the marginal rate of substitution of X for Y is greater than it is at point B.
B) the ratio of the price of X to the price of Y is greater than it is at point B.
C) the consumer's utility is less than it is at point B.
D) both a and c
E) all of the above

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