In the diagram L1L1 and L2L2 are budget lines. I1 I2 and I3 are indifference...
ECONOMICS
JAMB 2000
In the diagram L1L1 and L2L2 are budget lines. I1 I2 and I3 are indifference curves. which points are optimal?
- A. U and W
- B. V and W
- C. U and Z
- D. Y and Z
Correct Answer: B. V and W
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