TERMIUM Plus®

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TANGENCY [1 record]

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Record 1 1981-01-08

English

Subject field(s)
  • Laws of the Market (Economy)
OBS

(...) the point of tangency [is] where the slope of the consumption-possibility line (the rates of the prices) exactly equals the slope of the indifference curve (the substitution ratio or relative-marginal-utility ratio of the two goods).

French

Domaine(s)
  • Lois du marché (Économie)

Spanish

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