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In a Competitive General Equilibrium, Which of the Following Relations

Question 11

Multiple Choice

In a competitive general equilibrium, which of the following relations will not be true?

A) MRS_X,Y = MRT_X,Y.
B) MRT_X,Y = MC_X/MC_Y.
C) MRS_X,Y = P_X/P_Y.
D) MRT_X,Y = w/r.

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