Economics · Consumer Behaviour
In the indifference curve analysis, a consumer is in equilibrium when their budget line is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1parallel to the indifference curve.
- 2below the indifference curve.
- 3tangent to the indifference curve.✓
- 4above the indifference curve.
Correct answer
tangent to the indifference curve.
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