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Exhibit 6-25 Point B in Exhibit 6-25 Is Better

Question 12

Multiple Choice

Exhibit 6-25 Exhibit 6-25   Point b in Exhibit 6-25 is better than which other point(s) ? A) Points a and c because b represents the same utility at a lower level of expenditure. B) Points a and c because b represents higher utility at the same level of expenditure. C) Points a and c because b represents higher utility at a lower level of expenditure. D) Point e only because b represents a lower level of expenditure. E) All other points on the graph. Point b in Exhibit 6-25 is better than which other point(s) ?


A) Points a and c because b represents the same utility at a lower level of expenditure.
B) Points a and c because b represents higher utility at the same level of expenditure.
C) Points a and c because b represents higher utility at a lower level of expenditure.
D) Point e only because b represents a lower level of expenditure.
E) All other points on the graph.

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