menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 3
  4. Exam
    Exam 4: Consumer Choice
  5. Question
    An Optimum That Occurs as a Corner Solution
Solved

An Optimum That Occurs as a Corner Solution

Question 79

Question 79

Multiple Choice

An optimum that occurs as a corner solution


A) includes only one good.
B) cannot be an equilibrium.
C) cannot exhaust the budget constraint.
D) includes the exact same amounts of each good.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q74: People view alcohol and marijuana as perfect

Q75: Johnny has allocated $30 toward coffee and

Q76: Clifford lives by the motto "Eat,drink and

Q77: If Fred's marginal utility of pizza equals

Q78: Adrian's total utilities of two consumption bundles

Q80: The consumer is in equilibrium when<br>A) MRT

Q81: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Max has allocated

Q82: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Max has allocated

Q83: Researchers have found that tax increases may

Q84: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -Max has allocated

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines