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A consumer chooses an optimal consumption point where the a. ratios of all the…

A consumer chooses an optimal consumption point where the

A consumer chooses an optimal consumption point where the
a. ratios of all the marginal utilities are equal.
b. marginal rate of substitution equals the relative price ratio.
c. All of the above are correct.
d. slope of the indifference curve exceeds the slope of the budget constraint.

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