A Corner Point Solution Is Always the Optimum for a Consumer

question 58

Multiple Choice

A corner point solution is always the optimum for a consumer when:

• A)a unique point of tangency exists between the consumer's indifference curve and the budget line.
• B)the consumer has straight line (constant slope)indifference curves.
• C)there is no point of tangency between the consumer's indifference curves and the budget line and the consumer does not have straight line indifference curves.
• D)the consumer is indifferent to both goods equally.

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Definitions:

ADIME Format

A systematic approach in nutrition, standing for Assessment, Diagnosis, Intervention, Monitoring, and Evaluation.

Anthropometrics

A measurement system that assesses the size, shape, and composition of the human body.

Biochemical Data

Information obtained from biochemical tests, providing insight into the chemical processes and compositions within a biological system.

ADIME Note

A structured approach to nutrition care documentation, encompassing Assessment, Diagnosis, Intervention, Monitoring, and Evaluation.