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Question 58

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Use the following to answer question: Use the following to answer question: -(Figure: Consumer Equilibrium II) Use Figure Consumer Equilibrium II.Which of the following statements is TRUE? A) Point I is the point of utility maximization. B) At the point of utility maximization,the rate at which Ashyra is willing to exchange one good for another is less than the rate at which the goods can be exchanged in the market. C) At point I,P<sub>y.</sub>= P<sub>x</sub>. D) At point I,Ashyra has some income left for saving.
-(Figure: Consumer Equilibrium II) Use Figure Consumer Equilibrium II.Which of the following statements is TRUE?


A) Point I is the point of utility maximization.
B) At the point of utility maximization,the rate at which Ashyra is willing to exchange one good for another is less than the rate at which the goods can be exchanged in the market.
C) At point I,Py.= Px.
D) At point I,Ashyra has some income left for saving.

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