In an Indifference Curve/budget Line Diagram,a Consumer's Equilibrium Consumption Combination

question 189

Multiple Choice

In an indifference curve/budget line diagram,a consumer's equilibrium consumption combination will occur

• A) always inside the budget line.
• B) always outside the budget line.
• C) always on the budget line.
• D) sometimes on and sometimes inside the budget line, depending on the indifference curves.
• E) at the origin.