If a consumer allocates her income between two goods, x and y, then she will be in equilibrium when
a. MUx/Px = MUy/Py and she is below her budget constraint
b. MUx = MUy and she has spent all of her income
c. MUx/MUy > Px/Py and all of her income is spent
d. MUx/Px = MUy/Py and all of her income is spent
e. MUx = MUy and she is below her budget constraint
D
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