Answer to Question #145338 in Microeconomics for sadi

Question #145338
why would a consumer of 2goods be in equilibrium position if the marginal rate of substitution is equal to ratio of prices of the two goods
1
Expert's answer
2020-11-20T09:29:09-0500

This means according to his budget the product pricing need to adjust, so that he doesn't need to delay or forfeit his consumption, so that he won't be denied his welfare to instability.


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