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Question 18

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Use the following to answer questions:
Figure: Optimal Choice 2 Use the following to answer questions: Figure: Optimal Choice 2   -(Figure: Optimal Choice 2)  Refer to the figure. This figure represents indifference curves for a consumer who purchases flip-flops and sneakers. If the dotted line represents this consumer's budget constraint, then the utility maximizing bundle for this consumer is: A)  A. B)  B. C)  C. D)  E.
-(Figure: Optimal Choice 2) Refer to the figure. This figure represents indifference curves for a consumer who purchases flip-flops and sneakers. If the dotted line represents this consumer's budget constraint, then the utility maximizing bundle for this consumer is:


A) A.
B) B.
C) C.
D) E.

Correct Answer:

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