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Question 49

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Use the following to answer questions:
Figure: Indifference Curve 2 Use the following to answer questions: Figure: Indifference Curve 2   -(Figure: Indifference Curve 2)  Refer to the figure. Which statement is true? A)  This consumer prefers Bundle C to Bundle A. B)  This consumer is indifferent between Bundle B and Bundle A. C)  Only Bundles A, C, and D are relevant. D)  Bundle B generates the highest utility out of all the points shown.
-(Figure: Indifference Curve 2) Refer to the figure. Which statement is true?


A) This consumer prefers Bundle C to Bundle A.
B) This consumer is indifferent between Bundle B and Bundle A.
C) Only Bundles A, C, and D are relevant.
D) Bundle B generates the highest utility out of all the points shown.

Correct Answer:

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