Which of the following is true when a consumer is optimizing her consumption choices across two or more goods?
A)She is not necessarily on the highest indifference curve in her indifference map.
B)The budget constraint intersects her indifference curve at her chosen consumption bundle.
C)She equates the total utility per good for all goods.
D)She is not necessarily spending all of her budget allotted to the goods.

Question

Quizplus · Accepted Answer

The Answer of Which of the following is true when a consumer is optimizing her consumption choices across two or more goods?
A)She is not necessarily on the highest indifference curve in her indifference map.
B)The budget constraint intersects her indifference curve at her chosen consumption bundle.
C)She equates the total utility per good for all goods.
D)She is not necessarily spending all of her budget allotted to the goods.

Which of the Following Is True When a Consumer Is