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At the Equilibrium Consumption Bundle,which of the Following Holds

Question 7

Multiple Choice

At the equilibrium consumption bundle,which of the following holds?


A) MRSX,Y = PX /PY.
B) MRSX,Y = −PX /PY.
C) MRSX,Y = −PY /PX.
D) MRSX,Y = PY /PX.

Correct Answer:

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