Multiple Choice
What happens at the consumer's optimum
A) The budget constraint has a slope of MUX/PX.
B) It is still possible for the consumer to increase his consumption of both goods.
C) The indifference curve would intersect the budget constraint at its centre point.
D) The slope of the indifference curve is equal to the slope of the budget constraint.
Correct Answer:
Verified
Correct Answer:
Verified
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