Which of the following is not true regarding the outcome of a consumers optimization process ?
Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.
A. The consumers indifference curve is tangent to his budget constraint
C. The marginal rate of substitution between goods is equal to the ratio of the prices between goods
D. The consumer has reached his highest indifference curve subject to his budget constraint
E. The marginal utility per dollar spent on each good is the same
Found an error? Read our corrections policy and submit a sourced correction below. You can also share a useful explanation in your own words.