Explain consumer-s marginal rate of substitution


When a consumer's marginal rate of substitution between bread and wine is equal to the ratio of prices for bread and wine, then all of the following are true, EXCEPT:

A) Any other affordable combination of bread and wine will put the consumer on a higher indifference curve.
B) No higher indifference curve can be reached given the existing budget line.
C) The consumer is maximizing his utility.
D) The budget line is tangent to the indifference curve.
E) The Isoquant is tangent to the Iso Cost line.

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Microeconomics: Explain consumer-s marginal rate of substitution
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