In a budget line/indifference curve diagram, at the consumer equilibrium

A.any movement upward or downward on the budget line will move the consumer to a less preferred point. B.any movement to the northeast to higher indifference curves moves the consumer to a less preferred point. C.the slope of the budget line is as much larger as possible than the marginal rate of substitution. D.All of the above statements are correct.

时间:2023-06-13 17:11:08

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