Q
The consumer’s optimal purchase of any two goods is the point where ?
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A
A. The budget constraint crosses the indifference curve
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B
B. The two highest indifference curves cross
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C
C. The consumer reaches the highest indifference curve subject to remaining on the budget constraint
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D
D. The consumer has reached the highest indifference curve
Correct Answer:
C. C. The consumer reaches the highest indifference curve subject to remaining on the budget constraint
