Economics · Consumer Equilibrium
Which of the following is a correct condition for consumer equilibrium?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1MRSxy = Py/Px
- 2MRSxy < Px/Py
- 3MRSxy = Px/Py✓
- 4MRSxy > Px/Py
Correct answer
MRSxy = Px/Py
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