Multiple Choice
Refer to the following figure when answering the following questions.
Figure 16.2: Consumption Function 
-In Figure 16.2 above, point e is equal to:
A) the average of 
and 
.
B) the utility associated with consuming 
.
C) total consumption.
D) the average utility of 
and 
.
E) the utility of the average of 
and 
.
Correct Answer:
Verified
Correct Answer:
Verified
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