If Vanessa Needed to Find Her Optimal Consumption Bundle, She

question 294

Multiple Choice

If Vanessa needed to find her optimal consumption bundle, she would need to be able to:

• A)calculate the numerical value of the utility she receives from each specific consumption bundle.
• B)rank-order consumption bundles based on the level of utility she receives from each consumption bundle.
• C)calculate her budget for each consumption bundle.
• D)choose her bundles in an irrational manner.

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