Use the Indifference Curves and the Budget Lines in Figure

question 117

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.In Figure 19.3, given an income of $30 and a price for good Y of $1, which of the following two points represent optimal consumption?

• A) A when the price of X is $3 and C when the price of X is $1.
• B) B when the price of X is $1 and D when the price of X is $3.
• C) A when the price of X is $1 and D when the price of X is $3.
• D) B when the price of X is $1 and C when the price of X is $3.

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Definitions:

Scabies

A contagious skin infestation caused by a tiny mite Sarcoptes scabiei, characterized by intense itching and a pimple-like rash.

Oxygenated Blood

Blood that has been enriched with oxygen in the lungs and is then transported to the body's tissues.

Adipose Tissue

Body tissue that stores fat, providing energy storage and insulation.

Hypodermis

Also known as the subcutaneous layer, this is the deepest layer of skin, composed mainly of fat and connective tissue, providing insulation and cushioning.