Multiple Choice
If a good's price is volume sensitive,the consumer will:
A) choose the bundle on the budget line that lies on the lowest indifference curve.
B) choose the bundle on the budget line where the budget line is "kinked."
C) choose a boundary solution.
D) choose the bundle on the budget line that lies on the highest indifference curve.
Correct Answer:

Verified
Correct Answer:
Verified
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