Question

explain the optional choice of consumer with the help of diagram ?​

Answer 1

Explanation:

The point at which the indifference curve and the budget constraints touch is called the optimum. goods and services purchase d by a consumer that provides the level of possible utility is called the optimal Or the optional choice.

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Answer 2

Answer:

The point at which this indifference curve and the budget constraint touch is called the optimum. It relates preferences to consumption expenditures and to consumer demand curves. ... Goods and services purchased by a consumer that provides the highest level of utility possible is the optimal choice.