

MCQOPTIONS
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1. |
Which of the following is true about the consumer’s optimum consumption bundle? At the optimum ? |
A. | the slope of the indifference curve equals the slope of the budget constraint |
B. | the indifference curve is tangent to the budget constraint |
C. | the relative prices of the two goods equals the marginal rate of substitution |
D. | none of these answers are true |
E. | all of these answers are true |
Answer» F. | |