Unit 2 Milestone-15

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Using the graph shown here, determine which statement is FALSE. ! $ A is the optimal choice. " These indi erence curves are ff from a rational consumer. " C could become the optimal choice if the budget increased. " Point A represents a choice that is under budget.
CONCEPT ! Optimal Choice 17 Report an issue with this question Which scenario below is an example of completeness? " ! " A consumer is able to logically rank his preferences for the three di ff erent price combinations for a flight that he will purchase for an upcoming trip. " For $7, a shopper can buy a gallon of milk and one box of an expensive cereal or a gallon of milk and two boxes of a cheaper cereal. He decides to purchase a gallon of milk and one box of cheaper cereal, keeping the #
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