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Which of the Following Statements About a Budget Constraint Is

Question 45

Multiple Choice

Which of the following statements about a budget constraint is true?


A) Each bundle gives an individual a different amount of utility and costs a different amount of money.
B) Each bundle gives an individual a different amount of utility, but costs the same amount of money.
C) Each bundle gives an individual the same amount of utility and costs the same amount of money.
D) Each bundle gives an individual the same amount of utility, but costs a different amount of money.

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