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All of the Following Can Be True About the Optimal

Question 47

Multiple Choice

All of the following can be true about the optimal basket consumed by a consumer,except


A) The basket is on the budget line.
B) The person is spending all of their money on the basket.
C) The basket is on the highest indifference curve.
D) The budget line is tangent to an indifference curve at the optimal basket.

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