Introduction to Economics 1 Deneme Sınavı Sorusu #725233

Which of the following is true for a consumer's optimum?


 The market’s valuation is the main identifier in consumer's valuation preferences. 

The consumer’s valuation of the two goods are affected by .the other consumers.

The market’s valuation directs the consumer’s valuation of the two goods.

The consumer’s valuation of the two goods surpasses the market’s valuation.

The consumer’s valuation of the two goods equals the market’s valuation.


Yanıt Açıklaması:

The consumer chooses between the consumption of the two goods so that the marginal rate of substitution equals the relative price. At the consumer’s optimum, the consumer’s valuation of the two goods equals the market’s valuation.

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