The dual approach to the consumer’s problem is to choose: A) the high

The dual approach to the consumer’s problem is to choose:

A) the highest indifference curve that just touches the budget line.
B) the least-cost budget line required to achieve a given level of utility (satisfaction).
C) the maximum income required to achieve a given level of utility (satisfaction).
D) all of the above

 

ANSWER

B

 

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