If Two Bundles of Goods Give a Consumer the Same

question 84

Multiple Choice

If two bundles of goods give a consumer the same satisfaction, the consumer must be

• A)on her budget constraint.
• B)in a position of equilibrium.
• C)indifferent between the bundles.
• D)Both a and c are correct.

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Definitions:

Performance Aid

Tools or resources used to improve or facilitate the performance of tasks, ranging from written guides to software applications.

Pre-flight Checklist

A comprehensive list of items to be checked or tasks to be completed before beginning a flight to ensure safety and readiness.

On-the-job Training

Training provided at the workplace while the employee is doing their actual job, often through direct instruction, shadowing, or hands-on practice, to develop job-specific skills.

SMEs

Small and medium-sized enterprises; businesses with personnel numbers falling below certain limits.