Use the indifference curves and the budget lines in Figure 19.3 to answer the indicated question. Assume the price of Y is $1 per unit. In Figure 19.3, point E
A) Is optimal and affordable.
B) Gives the consumer a very high level of utility and is affordable.
C) Is a very high level of utility but not affordable.
D) Represents a very low level of utility and is not desirable.
Correct Answer:
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