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Author Question: If a person consumes only two goods, which of the following is NOT necessary for a consumer to be at ... (Read 45 times)

RODY.ELKHALIL

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on: May 24, 2019
If a person consumes only two goods, which of the following is NOT necessary for a consumer to be at his or her best affordable point of consumption?
◦ The consumer chooses a bundle of goods that lies on his or her budget line.
◦ The consumer is on his or her highest attainable indifference curve.
◦ The consumer chooses equal amounts of both goods.
◦ The marginal rate of substitution between the two goods is equal to the relative price of those two goods.
◦ The indifference curve is tangent to the budget line.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by RODY.ELKHALIL on May 24, 2019

lin77x

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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RODY.ELKHALIL

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Reply #2 on: May 24, 2019
Thanks


lin77x

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Reply #3 on: May 24, 2019
Welcome :)


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