1.9. Explain why goods will not be distributed efficiently among consumers if the MRT is not equal...

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1.9. Explain why goods will not be distributed efficiently among consumers if the MRT is not equal to the consumers’ marginal rate of substitution.

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Microeconomics

ISBN: 9780132080231

7th Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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Question Posted: Oct 26, 2024 05:00 AM

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=+9. Explain why goods will not be distributed efficiently among consumers if the MRT is not equal to the consumers marginal rate of substitution.
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1.9. Explain why goods will not be distributed efficiently among consumers if the MRT is not equal...

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Microeconomics

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