A Corner Point Solution Is Always the Optimum for a Consumer

question 22

Multiple Choice

A corner point solution is always the optimum for a consumer when

• A) a unique point of tangency exists between the consumer's indifference curve and the budget line
• B) the consumer has straight line (constant slope) indifference curves
• C) there is no unique point of tangency between the consumer's indifference curves and the budget line and the consumer does not have straight line indifference curves.
• D) the consumer is indifferent to both goods equally.

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