Ridley1057 Ridley1057
  • 12-02-2020
  • Computers and Technology
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The points where budget lines are tangent to indifference curves are used to derive the demand curve. A. False B. True

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matthewadeyinka10
matthewadeyinka10 matthewadeyinka10
  • 12-02-2020

Answer:

B - TRUE

Explanation:

The points where budget lines are tangent to indifference curves are used to derive the demand curve, which helps to identifies the combination of goods yielding the highest total utility.

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