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When the Budget Constraint Is Tangent to the Indifference Curve,what

Question 123

Multiple Choice

When the budget constraint is tangent to the indifference curve,what is likely to be the case


A) The consumer cannot be made better off without increasing her income.
B) The consumer is likely to be at a suboptimal level of consumption.
C) Income is at its optimum for a consumer.
D) Indifference curves are likely to intersect.

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