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Luke Enjoys Eating Tuna Sashimi and Drinking Pepsi

Question 66

Multiple Choice

Luke enjoys eating tuna sashimi and drinking Pepsi.His consumer equilibrium occurs where his budget line


A) just touches the lowest indifference curve at one point.
B) just touches the highest indifference curve at one point.
C) touches every indifference curve.
D) is below every indifference curve.
E) More information about Luke's budget is needed to determine his consumer equilibrium.

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