Exhibit 6A-2 Consumer Equilibrium

Given the budget lines and indifference curves shown in Exhibit 6A-2, point D yields:
A) the same total utility as point A, but requires a larger budget.
B) the same total utility as point A, and point E for the same budget.
C) more total utility than point A, but requires a larger budget.
D) the same total utility as point B, but requires a smaller budget.

Question

Exhibit 6A-2 Consumer Equilibrium
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Given the budget lines and indifference curves shown in Exhibit 6A-2, point D yields:
A) the same total utility as point A, but requires a larger budget. 
B) the same total utility as point A, and point E for the same budget. 
C) more total utility than point A, but requires a larger budget. 
D) the same total utility as point B, but requires a smaller budget.

Quizplus · Accepted Answer

The Answer of Exhibit 6A-2 Consumer Equilibrium
​

Given the budget lines and indifference curves shown in Exhibit 6A-2, point D yields:
A) the same total utility as point A, but requires a larger budget. 
B) the same total utility as point A, and point E for the same budget. 
C) more total utility than point A, but requires a larger budget. 
D) the same total utility as point B, but requires a smaller budget.