The consumer is at equilibrium at point

a

N

b

P

c

M

d

K

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Correct Option
d

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Discussions (2)

showfaze
7 years ago

the answer you chose is wrong. the right answer is point K. that's the point where the slope of the indifference curve equals the slope of the budget line or where the indifference curve is tangential to the budget line. pls take note of this. thanks.

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