What is the mrs is consumer at an optimum
Suppose the MUx = 4 and the MUy=2 and that the Px =10 and the Py =2.
What is the MRS Is this consumer at an optimum?
If not at an optimum should the consumer buy more of the X good or more of the Y good?
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What is the MRS Is this consumer at an optimum? If not at an optimum should the consumer buy more of the X good or more of the Y good?
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