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The Consumption Bundle That Maximizes a Consumer's Satisfaction Given Her

Question 185

Multiple Choice

The consumption bundle that maximizes a consumer's satisfaction given her income is located ________.


A) at the point of tangency of the consumer's demand curve and indifference curve.
B) at any point of intersection of the consumer's demand curve and indifference curves.
C) at the point of tangency of the consumer's budget constraint and indifference curve
D) at any point of intersection of the consumer's demand curve and indifference curves

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