Logically sequence the following economic entities/identities in understanding the theory of consumer choice:
(A) Budget line
(B) Utility analysis
(C) Demand curve analysis
(D) Indifference curve analysis
(E) Consumer equilibrium
Choose the correct answer from the options given below:
1
(D) → (E) → (A) → (B) → (C)
2
(B) → (D) → (A) → (E) → (C)
3
(B) → (C) → (D) → (A) → (E)
4
(B) → (D) → (A) → (C) → (E)