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At a consumer's optimal choice, the consumer chooses the combination of goods such that the ratio of the marginal utilities equals the ratio of the prices. a. true b. false…

At a consumer's optimal choice, the consumer chooses the combination of goods such that the ratio of the marginal utilities equals the ratio of the prices. a. true b. false…
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At a consumer's optimal choice, the consumer chooses the combination of goods such that the ratio of the marginal utilities equals the ratio of the prices.

a. true
b. false

asked
User Thierry Dalon
by
8.5k points

1 Answer

5 votes
the answer is a. true
answered
User Vipin Kumar
by
7.5k points
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