Suppose that at the bundle x1x2 the consumer is maximizing


Suppose that at the bundle (X1*,X2*) the consumer is maximizing his utility subject to his budget constraint and the price ratio exceeds the absolute value of his marginal rate of substitution. Use a graph to illustrate this consumer's optimal choice.

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Microeconomics: Suppose that at the bundle x1x2 the consumer is maximizing
Reference No:- TGS01195719

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