Johnny consumes only two goods, X and Y. Assume that Johnny is not at a corner solution, but he is maximizing utility. Which of the
Johnny consumes only two goods, X and Y. Assume that Johnny is not at a corner solution, but he is maximizing utility. Which of the following is NOT necessarily true at Johnny's consumption point A. MRSXy = PX/RX B. MUX/MUy = Px/Rx C. Px/PX = money income D. Px/Py = slope of the indifference curve at the optimal choice E. MUx/Px = MUy/Rx
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