Use the Indifference Curves and the Budget Lines in Figure

question 81

Multiple Choice

Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.If the price per unit of good X is $1, the optimal consumption is found at point

• A) B.
• B) C.
• C) D.
• D) E.

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