If a corner solution exists,
A. marginal rate of substitution will always be less than the slope of the budget constraint.
B. marginal rate of substitution will always be equal to the slope of the budget constraint.
C. marginal rate of substitution will always be greater than the slope of the budget constraint.
D. none of the answer choices is correct.
Answer: D
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Using the GG-LL framework, analyze the effect of Libya subsidizing the Pakistani Nuclear programs
What will be an ideal response?
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a. True b. False Indicate whether the statement is true or false