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A Budget Constraint

Question 23

Multiple Choice

A budget constraint:


A) shows a constant dollar amount spent on different combinations of goods, and each bundle brings the same utility.
B) shows a constant dollar amount spent on different combinations of goods, and each bundle brings a different amount of utility.
C) shows a constant amount of utility gained by consuming different combinations of goods, and each bundle costs the same.
D) None of these is true.

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