Solved

A Curve That Shows How the Best Available Consumption Bundle

Question 53

Multiple Choice

A curve that shows how the best available consumption bundle changes as income changes (holding the consumer's preferences and all other prices fixed) is called:


A) a price-consumption curve.
B) an individual demand curve.
C) an income-consumption curve.
D) a budget line.

Correct Answer:

verifed

Verified

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

Related Questions