Economics · Microeconomics
Which of the following is not a marginal condition for achieving Pareto optimality?
- 1MRSAx,y = MRSBx,y = Px/Py
- 2MRTSxL,K = MRTSyL,K = w/r
- 3MRPTKx,y = MRPTLx,y = r/w✓
- 4MRTx,y = MRSAx,y = MRSBx,y
Correct answer
MRPTKx,y = MRPTLx,y = r/w
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