By selecting a bundle where MRS = MRT, the consumer is saying A) “I v

By selecting a bundle where MRS = MRT, the consumer is saying

A) “I value my last unit of each good equally.”
B) “I am willing to trade one good for the other at the same rate that I am required to do so.”
C) “I will equate the amounts spent on all goods consumed.”
D) All of the above.

 

ANSWER

B

 

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