Multiple Choice
When Kathryn is at her consumer equilibrium,she is
A) consuming the combination of goods that is at the midpoint of her budget line.
B) consuming a combination of goods that is located inside her budget line.
C) consuming a combination of goods that is located outside her budget line.
D) consuming a combination of goods such that the marginal utility from good X divided by the marginal utility from good Y equals the price of good X divided by the price of good Y.
E) on the midpoint of her demand curve.
Correct Answer:

Verified
Correct Answer:
Verified
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