Multiple Choice
Use the following to answer questions:
Figure: Consumer Equilibrium III
-(Figure: Consumer Equilibrium III) Look at the figure Consumer Equilibrium III. Given the figure, which of the following is TRUE?
A) Point C is preferable to point E.
B) At point E, Px = Py.
C) Point B could be attained with an increase in the consumer's income.
D) To increase utility beyond that received at point E requires a change in the preferences of the consumer.
Correct Answer:

Verified
Correct Answer:
Verified
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