When your budget line is just tangent to your indifference curve, you are at the point on the budget line that you least prefer.

Name: When your budget line is just tangent to your indifference curve, you are at the point on the budget line that you least prefer.
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Quizplus · Accepted Answer

When the budget line is tangent to the indifference curve, it represents the point of maximum utility or satisfaction that can be achieved given the budget constraint, not the least preferred point.

When Your Budget Line Is Just Tangent to Your Indifference