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    Microeconomics
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    Exam 4: Demand and Behavior in Markets
  5. Question
    If the Optimal Consumption Bundle Occurs at the Corner of the Feasible
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If the Optimal Consumption Bundle Occurs at the Corner of the Feasible

Question 12

Question 12

Multiple Choice

If the optimal consumption bundle occurs at the corner of the feasible set, the agent most likely has


A) convex preferences
B) nonconvex preferences
C) nonstrictly convex preferences

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