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Author Question: A point where the budget line is just touching an indifference curve at one point is (Read 121 times)

misspop

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on: May 24, 2019
A point where the budget line is just touching an indifference curve at one point is
◦ the least affordable point.
◦ the best affordable point.
◦ on the lowest attainable indifference curve.
◦ Both answers the best affordable point and on the lowest attainable indifference curve are correct.
◦ Both answers the least affordable point and on the lowest attainable indifference curve are correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by misspop on May 24, 2019

billybob123

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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misspop

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Reply #2 on: May 24, 2019
TY


billybob123

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Reply #3 on: May 24, 2019
You're welcome


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