Efficiency in consumption requires that all consumers:
A)have identical preferences.
B)are equally willing to exchange goods.
C)have equal marginal rates of technical substitution.
D)will pay identical prices for different consumption bundles.

Question

Quizplus · Accepted Answer

The Answer of Efficiency in consumption requires that all consumers:
A)have identical preferences.
B)are equally willing to exchange goods.
C)have equal marginal rates of technical substitution.
D)will pay identical prices for different consumption bundles.

Efficiency in Consumption Requires That All Consumers