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:

Community

A group of people living in the same place or having a particular characteristic in common, often providing a sense of belonging and support.

Whole Child

An educational approach focusing on nurturing all aspects of a child's development, including physical, emotional, social, and cognitive growth.

Perspective

An attitude towards or a way of regarding something; it is a particular point of view.

Family-Centered Approach

An approach in various professional fields that emphasizes the importance of involving family members in decision-making, planning, and implementing services to strengthen and support the family unit.