Multiple Choice
A way to describe the consumer's optimum other than "the marginal rate of substitution for two goods is equal to their relative price ratio",is
A) MUₓ/MUᵧ = Pᵧ/Pₓ.
B) MUₓ/Pᵧ = MUᵧ/Pₓ.
C) MUₓ/Pₓ = MUᵧ/Pᵧ.
D) MUᵧ/MUₓ = Pₓ/Pᵧ.
Correct Answer:

Verified
Correct Answer:
Verified
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