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Suppose That MRSx,y = 10

Question 49

Multiple Choice

Suppose that MRSx,y = 10.


A) The consumer is willing to substitute 10 units of Suppose that MRS<sub>x,y </sub>= 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 . D) Regardless of prices, the consumer will consume only . for 1 unit of Suppose that MRS<sub>x,y </sub>= 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 . D) Regardless of prices, the consumer will consume only . to leave utility unchanged.
B) The consumer is willing to substitute 10 units of Suppose that MRS<sub>x,y </sub>= 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 . D) Regardless of prices, the consumer will consume only . for 1 unit of Suppose that MRS<sub>x,y </sub>= 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 . D) Regardless of prices, the consumer will consume only . to leave utility unchanged.
C) Regardless of prices, the consumer will consume only Suppose that MRS<sub>x,y </sub>= 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 . D) Regardless of prices, the consumer will consume only . .
D) Regardless of prices, the consumer will consume only Suppose that MRS<sub>x,y </sub>= 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 . D) Regardless of prices, the consumer will consume only . .

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