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Question 117

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Use the following to answer question: Use the following to answer question: -(Figure: Consumer Equilibrium III) Use Figure Consumer Equilibrium III.The lowest level of total utility at which Ivan still spends all of his income is associated with point _____ on _____. A) A;I<sub>3</sub> B) C;I<sub>3</sub> C) E;I<sub>2</sub> D) B;I<sub>1</sub>
-(Figure: Consumer Equilibrium III) Use Figure Consumer Equilibrium III.The lowest level of total utility at which Ivan still spends all of his income is associated with point _____ on _____.


A) A;I3
B) C;I3
C) E;I2
D) B;I1

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