Use the following to answer question:
-(Figure: Consumer Equilibrium III) Use Figure Consumer Equilibrium III.Given the figure,which of the following is TRUE?
A) Point C is preferable to point E.
B) At point E,Px = Py
C) Point B could be attained with an increase in the consumer's income.
D) To increase utility beyond that received at point E requires a change in the preferences of the consumer.
Correct Answer:
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