Economics · Consumer Behaviour
In the indifference curve analysis, a consumer is in equilibrium when the budget line is ______.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Above the indifference curve
- 2Tangent to the indifference curve✓
- 3Below the indifference curve
- 4Parallel to the indifference curve
Correct answer
Tangent to the indifference curve
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