Refer to the Following Figure When Answering
Figure $c _ { 1 }$

question 30

Multiple Choice

Refer to the following figure when answering
Figure 16.2: Consumption Function
-In Figure 16.2 above, point e is equal to:

• A) the average of \(c _ { 1 }\) and \(c _ { 2 }\)
• B) the utility associated with consuming \(c _ { 1 }\)
• C) total consumption
• D) the average utility of \(c _ { 1 }\) and \(c _ { 2 }\)
• E) the utility of the average of \(c _ { 1 }\) and \(c _ { 2 }\)

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