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  3. Study Set
    Intermediate Microeconomics
  4. Exam
    Exam 2: From Demand to Welfare, Constraints, Choices, and Demand
  5. Question
    A Consumer's Budget Constraint Is Determined by
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A Consumer's Budget Constraint Is Determined by

Question 10

Question 10

Multiple Choice

A consumer's budget constraint is determined by


A) The consumer's income
B) The consumer's income and preferences
C) The consumer's income and the prices of the goods they buy
D) The consumer's preferences and the prices of the goods they buy

Correct Answer:

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