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A consumer's utility-maximizing bundle contains positive amounts of both goods. This implies 17) A) MRT does not equal MRS. B) the budget constraint is not
A consumer's utility-maximizing bundle contains positive amounts of both goods. This implies 17) A) MRT does not equal MRS. B) the budget constraint is not tangent to the indifference curve. C) there is a corner solution. D) there is an interior solution
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The Business of Tourism Management
Authors: John Beech, Simon Chadwick
1st edition
273688013, 273688014, 9781405871631 , 978-0273688013
