Exhibit 6A-3 Consumer equilibrium
?
Given the budget line and indifference curves shown in Exhibit 6A-3, at point Z:
A. Px exceeds Py.
B. MUx = MUy.
C. MRS = Px / Py.
D. MRS = Py / Px.
Answer: C
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A.0.8 B.0.6 C.0.4 D.0.2
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