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AndrewKraus AndrewKraus
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7 years ago
The consumption bundle that maximizes a consumer's satisfaction given his income is located:
A) at the point of tangency of the consumer's demand curve and indifference curve.
B) at any point of intersection of the consumer's demand curve and indifference curves.
C) at the point of tangency of the consumer's budget constraint and indifference curve.
D) at any point of intersection of the consumer's demand curve and indifference curves.
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Microeconomics

Microeconomics


Edition: 1st
Authors:
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losteinlostein
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7 years ago
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AndrewKraus Author
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#2
7 years ago
Excellent answer, thx
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