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  3. Study Set
    Principles of Economics Study Set 12
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    Exam 5: The Demand Curve and the Behavior of Consumers
  5. Question
    A Point on the Budget Constraint Represents the Fact That
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A Point on the Budget Constraint Represents the Fact That

Question 3

Question 3

True/False

A point on the budget constraint represents the fact that the consumer spends less than her or his income.

Correct Answer:

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