Multiple Choice
If electricity is measured on the horizontal axis,and the price of electricity becomes more expensive beyond 500 kilowatts,we draw:
A) an indifference curve that becomes flatter at 500 kilowatts.
B) a budget constraint that is kinked at 500 kilowatts.
C) a budget constraint that becomes steeper at 500 kilowatts.
D) an Engle curve that becomes negatively-sloped at 500 kilowatts.
Correct Answer:

Verified
Correct Answer:
Verified
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