Solved

At the Optimal Consumption Bundle, Which of the Following Conditions

Question 71

Multiple Choice

At the optimal consumption bundle, which of the following conditions does not hold?


A) The indifference curve is tangent to the budget line.
B) The ratio of marginal utilities of any two goods are equal to the ratio of their prices.
C) The marginal utility per dollar spent is equal for all goods consumed.
D) The prices of the goods in the optimal bundle are equal.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents