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    Microeconomics Study Set 45
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    Exam 7: Utility Maximization
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    Given the Indifference Curve and Budget Line Above, Which of the Following
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Given the Indifference Curve and Budget Line Above, Which of the Following

Question 351

Question 351

Multiple Choice

  Given the indifference curve and budget line above, which of the following must be true at point A? A) MU A/P A< MU b/P B B) MU A/P A> MU b/P B C) MU A/P A = MU b/P B D) P A/P B = MU b/MU A Given the indifference curve and budget line above, which of the following must be true at point A?


A) MU A/P A< MU b/P B
B) MU A/P A> MU b/P B
C) MU A/P A = MU b/P B
D) P A/P B = MU b/MU A

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