Multiple Choice
The optimal combination of goods for a consumer to purchase is shown by
A) any intersection of the indifference curve and the budget line.
B) the point where the budget line touches the vertical axis.
C) a point of tangency between the budget line and the indifference curve.
D) the point at which the indifference curve parallels the horizontal axis.
E) the intersection of two indifference curves.
Correct Answer:
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