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The Tangency Condition for the Optimal Choice for a Consumer MUx/MUy=Py/Px\mathrm { MU } _ { x } / \mathrm { MU } _ { y } = P _ { y } / P _ { x }

Question 25

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The tangency condition for the optimal choice for a consumer is given by MUx/MUy=Py/Px\mathrm { MU } _ { x } / \mathrm { MU } _ { y } = P _ { y } / P _ { x } .

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