Question: Pls explain why the answer is c but not d. Question 11 Which of the following statements is true about a consumer's optimal decision when
Pls explain why the answer is c but not d.
Question 11 Which of the following statements is true about a consumer's optimal decision when indifference curves are concave? Not yet answered Points out of 1.00 Select one: a. Both goods are consumed. Remove flag b. No goods are consumed. c. Only one of the goods is consumed. O d. It occurs at the point of tangency with the budget line
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