McqMate
| Q. |
At the point of tangency of an indifference curve with a budget line: |
| A. | MRSxy =Px/Py |
| B. | MRSxy>Px/PY |
| C. | MRSxy<Px/PY |
| D. | MRSxy≥Px/PY |
| Answer» A. MRSxy =Px/Py | |
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