If the Indifference Curve Is Not Tangent to the Budget

question 11

True/False

If the indifference curve is not tangent to the budget line,then we can be sure that the consumer is not at the optimum.

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Definitions:

Underground Railroad

A network of secret routes and safe houses used in the United States during the 19th century to help enslaved African Americans escape to free states and Canada.

Historical Significance

The importance or impact that a particular event, figure, or development has had in history, influencing the future or shaping societal norms.

Slave Resistance

Acts of defiance or rebellion by enslaved people against their conditions and slaveholders.

Frederick Douglass

An African American social reformer, abolitionist, orator, writer, and statesman who escaped from slavery and became a leader of the abolitionist movement.