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Answer to Question #36516 in Microeconomics for lasisi
Question #36516
If the optimal choice for this customer has only one good, it can be argued that.....
a. prices of both goods are equal
b. the marginal rate of substitution equals the relative price of the goods
c. consumers maximizes the marginal rate of substitution
d. answer not contain in a,b and c
a. prices of both goods are equal
b. the marginal rate of substitution equals the relative price of the goods
c. consumers maximizes the marginal rate of substitution
d. answer not contain in a,b and c
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