What Happens at the Consumer's Optimum

question 157

Multiple Choice

What happens at the consumer's optimum

• A)The budget constraint has a slope of MUX/PX.
• B)It is still possible for the consumer to increase his consumption of both goods.
• C)The indifference curve would intersect the budget constraint at its centre point.
• D)The slope of the indifference curve is equal to the slope of the budget constraint.

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Definitions:

Organizational Shortcomings

Specific areas or aspects within an organization where performance or effectiveness is lacking or inadequate.

Recruitment

The process of attracting, screening, and selecting qualified people for a job at an organization or firm.

Incentive Program

a system designed to motivate and reward employees, partners, or customers for achieving specific goals or desired behaviors.

Sales Performance Criteria

The standards or benchmarks used to evaluate the effectiveness and outcomes of sales activities and efforts.