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CroweN6459 CroweN6459
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6 years ago
A consumer's utility-maximizing combination of goods is given by the bundle that corresponds to the point on

• the indifference curve that intersects the horizontal axis.

• the indifference curve that intersects the vertical axis.

• an indifference curve that is tangent to the budget constraint.

• the budget constraint where it intersects one of the axes.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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wrote...
#1
6 years ago
an indifference curve that is tangent to the budget constraint.
CroweN6459 Author
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#2
6 years ago
This site is awesome!
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#3
6 years ago
Slight Smile Good luck on the rest
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