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Question 23, 24 and 25: please refer to Diagram 5 23. Point b is not budget feasible, and the consumer would rather choose point
Question 23, 24 and 25: please refer to Diagram 5 23. Point "b" is not budget feasible, and the consumer would rather choose point "a", if she could. a. True b. False c. Not enough information d. Too much information!? 24. Point "c" gives the same utility to the consumer as point "P" a. True b. False c. Not enough information d. Too much information!? 25. The consumer prefers point "f" to point "e" a. True b. False c. Not enough information d. Too much information!? T a b d S
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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