1259EconomicsMedium
Which of the following is true about the consumer’s optimum consumption bundle? At the optimum?
Athe relative prices of the two goods equals the marginal rate of substitution
Bthe slope of the indifference curve equals the slope of the budget constraint
Call of these answers are true
Dnone of these answers are true
Ethe indifference curve is tangent to the budget constraint
Correct answer
C. all of these answers are true
Explanation
The correct answer is all of these answers are true.