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Explain under what condition the mrs equals the price ratio

1. Explain under what condition the MRS equals the price ratio rule (as a condition that the optimal solution has been found) can be violated.

2. A seller of food stamps would obviously prefer a higher price, but what would be the advantage of a higher price in terms of the Theory of Consumer Behavior?

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Microeconomics: Explain under what condition the mrs equals the price ratio

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Microeconomics: Explain under what condition the mrs equals the price ratio

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