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An indifference curve shows Multiple choice question. the total output combinations of any two goods given current resources and technology. the combinations of two products
An indifference curve shows Multiple choice question. the total output combinations of any two goods given current resources and technology. the combinations of two products that generate the same amount of total utility or satisfaction. the relationship between price and quantity supplied. the different combinations of two goods that can be purchased with a given budget and at set pricesSuppose that a household can purchase fruit for $3 per pound and vegetables for $2 per pound. If the household can contribute $12 a week toward the consumption of these goods which of the following points could be found on the budget line? Multiple choice question. 4 pounds of fruit and 0 pounds of vegetables. 3 pounds of fruit and 0 pounds of vegetables. 0 pounds of fruit and 12 pounds of vegetables. 0 pounds of fruit and 4 pounds of vegetables
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