Solved

The Vertical Intercept of the Consumer's Budget Line Is Equal πT\pi - \mathrm { T }

Question 64

Multiple Choice

The vertical intercept of the consumer's budget line is equal to


A) πT\pi - \mathrm { T } .
B) wh+πTw h + \pi - T .
C) h+πTwh + \frac { \pi - T } { w } .
D) whTw h - T .
E) c+w(lh) c + w ( l - h ) .

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions