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  3. Study Set
    Microeconomics Australia
  4. Exam
    Exam 12: Consumer Choice and Demand
  5. Question
    -A Budget Line
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-A Budget Line

Question 53

Question 53

Multiple Choice

  -A budget line A)  has a positive slope. B)  represents combinations of goods a consumer desires. C)  marks the boundary between what a consumer can afford and cannot afford. D)  is the same as the production possibilities frontier. E)  is the same as a demand curve.
-A budget line


A) has a positive slope.
B) represents combinations of goods a consumer desires.
C) marks the boundary between what a consumer can afford and cannot afford.
D) is the same as the production possibilities frontier.
E) is the same as a demand curve.

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