The Consumer's Optimal Consumption Bundle Is at the Point Where

question 78

Multiple Choice

The consumer's optimal consumption bundle is at the point where:

• A)the slope of the indifference curve equals the slope of the budget line.
• B)the indifference curve intersects the budget line.
• C)the ratio of the total utilities of the goods equals the ratio of the prices of the goods.
• D)the marginal utility of each good is maximized.

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