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The Tangency Condition for the Optimal Choice for a Consumer MRSx,y=Py/Px\mathrm { MRS } _ { x , y } = P _ { y } / P _ { x }

Question 70

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The tangency condition for the optimal choice for a consumer is given by MRSx,y=Py/Px\mathrm { MRS } _ { x , y } = P _ { y } / P _ { x } .

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