Which of the following statements is true? Select one or more options: -If two different individuals have exactly the same budget constraint but different preferences (different appearance of the indifference curves) then they will have different equilibrium conditions for optimal choice -The marginal substitution ratio is always equal to 1 for perfect substitutes -If item X costs SEK 10, item Y costs SEK 20 and if the marginal benefit for X is 20 and the marginal benefit for Y is 30, then the individual should buy more of Y and less of X -In the case of a corner solution for an individual, the marginal substitution ratio for two goods is not equal to the relative price of the two goods
Which of the following statements is true?
Select one or more options:
-If two different individuals have exactly the same budget constraint but different preferences (different appearance of the indifference
-The marginal substitution ratio is always equal to 1 for perfect substitutes
-If item X costs SEK 10, item Y costs SEK 20 and if the marginal benefit for X is 20 and the marginal benefit for Y is 30, then the individual should buy more of Y and less of X
-In the case of a corner solution for an individual, the marginal substitution ratio for two goods is not equal to the relative
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