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Which of the following occur when the consumer is maximizing their utility? Select True or False for each statement. a) The consumer is on the

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Which of the following occur when the consumer is maximizing their utility? Select True or False for each statement. a) The consumer is on the highest indifference curve that it is possible to reach, given the amount of money in her budget. [ Select ] b) The quantity of x is equal to the quantity of y. [ Select ] c) The indifference curve that the consumer is on is just tangent to the budget constraint. [ Select ] d) At the point the consumer chooses on her indifference curve, the slope of the indifference curve is equal to the slope of the budget constraint. [ Select ] e) MU,/Px = MUy/Py [ Select ] f) -MU,/MUy = -Py/Px [ Select ] g) The consumer chooses a bundle of goods such that the marginal utility per dollar is equalized across all goods. [ Select ] h) The consumer eats as many pieces of pie as she can fit into her mouth at one time. [ Select ]

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