Use the Following Figure to Answer the Question : Figure

question 12

Multiple Choice

Use the following figure to answer the question : Figure 19-1 :
,the curve TT shows how the allocation of a resource affects the well-being of two individuals,Hank and Monica.
-In Figure 19-1,the curve TT shows:

• A)a single and unique distribution of resources that jointly maximizes Hank's and Monica's well-being.
• B)all the efficient resource allocations that are attainable.
• C)all the points where the marginal rates of substitution between goods are equal for both Hank and Monica.
• D)all the points that maximize the individual well-being of Hank and Monica.

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