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The Optimal Combination of Goods for a Consumer to Purchase

Question 172

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.

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