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Exhibit 6A-3 Consumer Equilibrium

Question 169

Multiple Choice

Exhibit 6A-3 Consumer equilibrium

Given the budget line and indifference curves shown in Exhibit 6A-3, at point Z:

A) P_x exceeds P_y.
B) MU_x = MU_y.
C) MRS = P_x / P_y.
D) MRS = P_y / P_x.

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