Fill in the Blank

When an individual's combination of two goods lies on their feasible frontier but their indifference curve intersects (crosses) the frontier at that point, the choice is considered ________ because a higher level of satisfaction is attainable by reallocating resources along the frontier.

0

1

Updated 2025-07-27

Contributors are:

Who are from:

Tags

Science

Economy

CORE Econ

Social Science

Empirical Science

Economics

Introduction to Microeconomics Course

The Economy 2.0 Microeconomics @ CORE Econ

Related