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- Use the Indifference Curves and the Budget Lines in Figure

Question 81

Multiple Choice

- Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.In Figure 19.3,point E A) Is optimal and affordable. B) Gives the consumer a very high level of utility and is affordable. C) Is a very high level of utility but not affordable.
- Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question.Assume the price of Y is $1 per unit.In Figure 19.3,point E


A) Is optimal and affordable.
B) Gives the consumer a very high level of utility and is affordable.
C) Is a very high level of utility but not affordable.

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