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Exhibit 20-6 ​

Question 172

Multiple Choice

Exhibit 20-6
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Exhibit 20-6 ​ -Refer to Exhibit 20-6. I<sub>1</sub>, I<sub>2</sub> and I<sub>3</sub> are indifference curves and line ab is the relevant budget constraint. Point N is A) the consumer's equilibrium position. B) unattainable. C) inferior to every other labeled point on the diagram. D) attainable, but does not exhaust the consumer's income.
-Refer to Exhibit 20-6. I1, I2 and I3 are indifference curves and line ab is the relevant budget constraint. Point N is


A) the consumer's equilibrium position.
B) unattainable.
C) inferior to every other labeled point on the diagram.
D) attainable, but does not exhaust the consumer's income.

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