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The Consumer's Optimal Consumption Bundle Is at the Point Where

Question 78

Multiple Choice

The consumer's optimal consumption bundle is at the point where:


A) the slope of the indifference curve equals the slope of the budget line.
B) the indifference curve intersects the budget line.
C) the ratio of the total utilities of the goods equals the ratio of the prices of the goods.
D) the marginal utility of each good is maximized.

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