At the Consumer's Optimum the

question 207

Multiple Choice

At the consumer's optimum the

• A) budget constraint will have a slope of MUx/Px.
• B) slope of the indifference curve is equal to the slope of the budget constraint.
• C) indifference curve will intersect the budget constraint at the midpoint of the budget constraint.
• D) Both b and c are correct.

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Definitions:

Radial Symmetry

Body plan in which similar parts are arranged around a central axis, like spokes of a wheel.

Tissue Layers

Various layers of cells in an organism that have specific functions and form organs and other body structures.

Cnidarians

A phylum of aquatic invertebrate animals that includes jellyfish, corals, and sea anemones, characterized by their radial symmetry and stinging cells.

Spicules

Small, pointed structures made of silica or calcium carbonate serving as a skeletal element in sponges and other invertebrates.