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Author Question: In indifference curve analysis, the consumer's utility-maximizing point is where (Read 69 times)

Tiffanyanne824

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In indifference curve analysis, the consumer's utility-maximizing point is where
◦ each indifference curve has the same slope as the relevant budget line.
◦ the consumer's marginal utility curve is tangent to the relevant budget line.
◦ the indifference curve farthest from the origin intersects with the budget line that is farthest from the origin.
◦ one indifference curve is tangent to the relevant budget line.
◦ the price-consumption line is tangent to the budget line.


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Marked as best answer by Tiffanyanne824 on Oct 12, 2022

mllong

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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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Tiffanyanne824

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


dreamfighter72

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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