The Consumer's Optimal Consumption of X and Y Occurs Where

Multiple Choice

The consumer's optimal consumption of X and Y occurs where the consumer:

A) reaches the highest indifference curve that intersects the budget constraint.
B) reaches the highest budget constraint that is tangent to the indifference curve.
C) reaches the lowest indifference curve that intersects the budget constraint at any point.
D) reaches the highest indifference curve that is just tangent to the budget constraint.
E) is satiated with X and Y.