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    Exam 31: Understanding Direct and Inverse Relationships between Variables
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    Exhibit 6A-3 Consumer Equilibrium
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Exhibit 6A-3 Consumer Equilibrium

Question 163

Question 163

Multiple Choice

Exhibit 6A-3 Consumer equilibrium
​
Exhibit 6A-3 Consumer equilibrium ​   Given the budget line and indifference curves shown in Exhibit 6A-3, point V is: A)  inferior to point X. B)  lowest attainable level of total utility. C)  unobtainable. D)  consumer equilibrium.
Given the budget line and indifference curves shown in Exhibit 6A-3, point V is:


A) inferior to point X.
B) lowest attainable level of total utility.
C) unobtainable.
D) consumer equilibrium.

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