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Exhibit 6A-4 Consumer Equilibrium

Question 49

Multiple Choice

Exhibit 6A-4 Consumer equilibrium
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Exhibit 6A-4 Consumer equilibrium ​ Given the budget line and indifference curves shown in Exhibit 6A-4, at point D: A) Px exceeds Py. B) MRS = P<sub>x</sub> / P<sub>y</sub>. C) MU<sub>x</sub> = MU<sub>y</sub>. D) MRS = P<sub>y</sub> / P<sub>x</sub>.
Given the budget line and indifference curves shown in Exhibit 6A-4, at point D:


A) Px exceeds Py.
B) MRS = Px / Py.
C) MUx = MUy.
D) MRS = Py / Px.

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