True or False? If Thomaswhose preferences satisfy the 5 axioms of consumer preference theorychooses a consumption bundle

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True or False? If Thomaswhose preferences satisfy the 5 axioms of consumer preference theorychooses a consumption bundle for which the marginal rate of substitution between two goods does not equal the price ratio, he is certainly not choosing an optimal bundle

Posted Date: Jun 12, 2024 03:04 AM

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True or False? If Thomaswhose preferences satisfy the 5 axioms of consumer preference theorychooses a consumption bundle

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