At an optimal interior basket, why must the marginal utility per dollar spent on all goods be

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At an optimal interior basket, why must the marginal utility per dollar spent on all goods be the same?

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: Mar 17, 2016 04:48 AM

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At an optimal interior basket, why must the marginal utility per dollar spent on all goods be

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At an interior optimum the slope of the budget line must equal the slope of the indiff...View the full answer

Microeconomics

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