For a Consumer to Maximize Utility, He Will Choose the

question 74

Multiple Choice

For a consumer to maximize utility, he will choose the

• A)point where the slope of the budget line equals the slope of the indifference curve.
• B)any point where the budget line and indifference curve intersect.
• C)point where he gets the most of the good he prefers most.
• D)point where the marginal rate of substitution is greatest.
• E)the point where marginal utility is zero for both goods