Why is the optimal bundle usually a corner solution

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What does it mean for two goods to be "perfect substitutes" for each other for a consumer? Why is the optimal bundle usually a corner solution when a consumer is choosing a bundle of perfect substitutes?

Reference no: EM13208877

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Why is the optimal bundle usually a corner solution : What does it mean for two goods to be "perfect substitutes" for each other for a consumer Why is the optimal bundle usually a corner solution when a consumer is choosing a bundle of perfect substitutes

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