If an Indifference Curve Intersects the Budget Constraint at Two

question 68

Multiple Choice

If an indifference curve intersects the budget constraint at two points,then ________.

• A)the consumer would be equally happy at either of those two points
• B)optimal consumption is found by moving to a lower indifference curve
• C)optimal consumption is found by moving to a lower budget constraint
• D)the consumer will choose the point that minimizes consumption expenditure

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Definitions:

Glucose

A simple sugar and a key source of energy for living organisms, also a vital component of many carbohydrates.

Deamination

A biochemical process where amino groups are removed from amino acids, typically resulting in the creation of ammonia and keto acids.

Urea

A nitrogenous waste compound produced in the liver, resulting from protein metabolism, and excreted in the urine.

Acidic Blood

Blood with a pH level below the neutral pH of 7.0, often indicating a medical condition or response to environmental stress.