Multiple Choice
Refer to the information provided in Figure 6.2 below to answer the question(s) that follow. Figure 6.2
-Refer to Figure 6.2. Mr. Lingleʹs budget constraint is AC. Point D is
A) an available option and Mr. Lingle exactly spends all of his income.
B) an available option and Mr. Lingle does not spend all of his income.
C) in Mr. Lingle's opportunity set but is not on his budget constraint.
D) not available because it represents a combination of gardenburgers and beer that Mr. Lingle cannot purchase with his current income.
Correct Answer:

Verified
Correct Answer:
Verified
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