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A Consumer Will Achieve the Highest Level of Utility Possible

Question 166

Multiple Choice

A consumer will achieve the highest level of utility possible when she consumes


A) at the point at which the highest indifference curve is tangent to the budget constraint.
B) at the point at which the indifference curve crosses the budget constraint.
C) at a point to the left of the budget constraint.
D) just below the point where the indifference curve crosses the budget constraint.

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