-In the above figure, if the budget line is the line DF, the consumer will maximize utility at point
A) A.
B) B.
C) C.
D) G.

Name: -In the above figure, if the budget line is the line DF, the consumer will maximize utility at point A) A. B) B. C) C. D) G.
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Question

-In the above figure, if the budget line is the line DF, the consumer will maximize utility at point
A) A. 
B) B. 
C) C. 
D) G.

Quizplus · Accepted Answer

The consumer maximizes utility where the budget line is tangent to the highest possible indifference curve, which is typically at point C.

-In the Above Figure, If the Budget Line Is the Line