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    Principles of Microeconomics Study Set 10
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    Exam 21: The Theory of Consumer Choice
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    If the Price of Bread Is Zero and the Price
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If the Price of Bread Is Zero and the Price

Question 2

Question 2

Multiple Choice

If the price of bread is zero and the price of cheese is positive, then the budget constraint between bread (on the horizontal axis) and cheese (on the vertical axis) would


A) be vertical.
B) coincide with the vertical axis.
C) coincide with the horizontal axis.
D) be horizontal.

Correct Answer:

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