Solved

A Budget Line Shows the Combinations Of

Question 103

Multiple Choice

A budget line shows the combinations of:


A) prices that place a limit on the purchase and consumption of two goods.
B) two goods that can be purchased with a given income, and given the prices of the two goods.
C) two goods that can be purchase at various levels of income.
D) the quantities of two goods that can be purchased at various prices.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions