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gorgeous gorgeous
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5 years ago Edited: 5 years ago, bio_man
Figure 10-9




Refer to Figure 10-9. Given the budget constraint in the diagram, which of the following statements is false?

• The consumer receives the same level of utility from consumption bundles d, e, and f.

• Consumption bundles b and c yield the same level of utility, which is higher than the utility represented by bundle a.

• Although the consumer receives the same level of utility from bundles d and e, she cannot afford to purchase bundle d.

• The consumer's optimal bundle could be bundle d, e, or f.
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Microeconomics

Microeconomics


Edition: 7th
Authors:
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wrote...
#1
5 years ago
The consumer's optimal bundle could be bundle d, e, or f.
gorgeous Author
wrote...
#2
5 years ago
Smart ... Thanks!
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