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Suppose That MRSx y=10y = 10
A)The Consumer Is Willing to Substitute 10 Units of Willing

Question 7

Multiple Choice

Suppose that MRSx, y=10y = 10 .


A) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged.
B) The consumer is willing to substitute 10 units of for 1 unit of to leave utility unchanged
C) Regardless of prices, the consumer will consume only y
D) Regardless of prices, the consumer will consume only x

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