The Indifference Curve/budget Line Diagram Concludes That Jim Is Definitely

Multiple Choice

The indifference curve/budget line diagram concludes that Jim is definitely in equilibrium when he is

A) spending all his budget.
B) saving some of his budget.
C) consuming the combination of goods and services that is affordable and on the highest attainable indifference curve.
D) consuming a combination of goods and services that is on an indifference curve.
E) None of the above answers is correct.