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yolomanolo yolomanolo
wrote...
Posts: 321
5 years ago
When indifference curve analysis is used, a consumer optimum occurs at the point at which
A) the indifference curves intersect.
B) the indifference curve is tangent to the budget line.
C) total utility is maximum.
D) marginal utility/price ratio of all goods consumed is equal.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 36 times
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Answer verified by a subject expert
jadajada
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Posts: 187
5 years ago
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yolomanolo Author
wrote...
5 years ago
I'm still confused, but thanks for answering correctly
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